Asia

Why is South Korea pilot-testing its Central Bank Digital Currency (CBDC), and what made it shift from non-issuance to consideration? This paper investigates the Bank of Korea (BOK)’s CBDC-related developments…

How is the increasing spread of artificial intelligence (AI) likely to shape the cyber capabilities of the Democratic People’s Republic of Korea (DPRK; North Korea) in the coming years? Over…

In this new article of KEI’s Korea’s Economy,  Dr. Bark Taeho (President of the Global Commerce Institute of Lee & Ko and Former Minister for Trade) notes that Korea has faced…

The COVID-19 pandemic caught almost all countries unprepared. Some countries, including South Korea (hereafter Korea), managed to deal with the pandemic relatively more successfully than others and had a proactive…

For many years, South Korea has been a homogeneous country. But with more foreigners coming to live in Korea, that is starting to change. In fact, the Korea Institute for…

In early July, the United States and South Korea announced that they had come to an agreement to deploy the Terminal High Altitude Area Defense (THAAD) system near the city…

With Election 2016 well underway, KEI's very own Phil Eskeland has been closely following how both the Republican and Democratic parties have been talking about foreign policy and Asia. He…

In the late 1930s, nearly 200,000 ethnic Koreans were forcibly removed from the Soviet Far East, packed into trains and sent to Central Asia. More than 70 years later, their…

What Happened South Korea plans to deliver more than 1 million doses of COVID-19 vaccines to Vietnam, representing Seoul’s first direct vaccine commitment to a foreign nation. South Korean venture firms continue to expand in Southeast Asia with the government promising support for their outreach to ASEAN countries. South Korean President Moon Jae-in will participate in a series of ASEAN summits…

In the brutal contest for streaming views, “Squid Game” has outplayed its competitors to become Netflix’s biggest hit. Beyond its own success, however, the dystopian drama also epitomizes what has become a mutually beneficial partnership between the streaming giant and South Korea’s creative industry. As KEI’s Troy Stangarone underscores, the show is an example of Netflix’s strategy…

What Happened The Seoul Metropolitan Office of Education recently announced that schools in the city will be adopting electronic boards by 2024 to accommodate more digital hardware in classrooms. Teachers, however, pushed back against this proposal, arguing that they have not properly considered the practical application of these tools. Meanwhile, the Korean government has been…

What Happened The U.S. government asked semiconductor manufacturers to voluntarily share their client list, inventory status, and other confidential information. This includes South Korean firms like Samsung and SK Hynix. South Korea is concerned that the request would reveal these firms’ trade secrets to rivals. Implications: South Korea approaches commercial engagement with trade partners with the assumption that their policymakers will look at…