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The tax burden in Korea—at 26 percent of gross domestic product (GDP) —was well below the average of the member countries of the Organization for Economic Cooperation and Development (OECD)…
There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news reverberated through the Korean financial…
Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States…
The twenty-first century has already been dubbed the Asian century. Although this nomination may be premature, it is certain that its fi rst decade belongs to Asia. This is reflected…
This week, we delve into how Japan views the security threat from China, and how these perceptions shape Japanese policy. For this, we turn to security expert Dr. Narushige Michishita.…
Last week, North Korea launched its Seventh Worker's Party Congress, a major meeting of regime leaders that has not been convened in 36 years. Although analysts had high expectations for…
In this episode, we take a step back from the Korean Peninsula and take a look at Northeast Asia from the perspective of one of its neighbors – Russia. In…
On May 1, South Korean President Park Geun-hye will travel to Tehran, Iran for a summit meeting with her counterpart, President Hassan Rouhani. This visit will be the first time a…
This is the eight in a 10 part series looking at how the issues identified in KEI’s annual “10 Issues to Watch for on the Korean Peninsula” series developed in 2021. The original “10 Issues” piece can be found here. The state of the Korean labor market The onslaught of COVID-19 in the spring of 2020…
This is the seventh in a 10 part series looking at how the issues identified in KEI’s annual “10 Issues to Watch for on the Korean Peninsula” series developed in 2021. The original “10 Issues” piece can be found here. In many ways, K-pop in 2021 was not terribly different from K-pop in 2020: a…
This is the sixth in a 10 part series looking at how the issues identified in KEI’s annual “10 Issues to Watch for on the Korean Peninsula” series developed in 2021. The original “10 Issues” piece can be found here. Korea has dealt with the COVID-19 shock better than most other OECD countries, with no hard…
This is the fifth in a 10 part series looking at how the issues identified in KEI’s annual “10 Issues to Watch for on the Korean Peninsula” series developed in 2021. The original “10 Issues” piece can be found here. The first year of the Biden administration has seen the U.S. return to multilateral frameworks…