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…

This week, we have a very special guest who flew in from Paris to talk about Korea's economy. Dr. Randall Jones is head of the Japan/Korea Desk at the Organization…

As Seoul has grown, it has become more and more international. The city has been making an effort to attract more foreign visitors, whether as tourists, students or workers. This…

Over the last 50 years, Myanmar has oscillated between periods of friendship with South Korea and partnership with North Korea. As Myanmar opens to the international community, however, investment and…

Anyone who has spent time in Korea knows the term Yellow Dust. Sand from Mongolia sweeps across China, picking up pollutants and carrying them across borders. Every spring, Koreans bring…

By Nicholas Hamisevicz In May, much of the attention toward the Korean peninsula was drawn toward the northern part as North Korea held its first Party Congress in thirty-six years. While looking for possible changes to emerge from the Kim Jong-un regime, the stalemate in inter-Korean relations continues. North Korea did offer talks, but South…

With the Democratic and Republican presumptive nominees now identified, here is our comprehensive list of what the two candidates have said about the Korean peninsula since the beginning of the race. Hillary Clinton June 2, 2016 – “Take the threat posed by North Korea – perhaps the most repressive regime on the planet, run by…

By William Brown China’s Customs Bureau on Tuesday released its global trade report for April that includes details of the country’s trade with North Korea[i].  Some initial impact from UNSC sanctions may be observed, although seasonal changes tend to obscure the picture.  Overall trade with North Korea was down about ten percent in April, from…

By Troy Stangarone At North Korea’s recent Party Congress, Kim Jong-un laid out a five-year plan to boost economic growth in North Korea. As part of his plan, Kim Jong-un raised the need to address North Korea’s chronic energy shortage by increasing North Korea’s energy production, including the production of nuclear power. While addressing the…