Asia

Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…

Korea is in the midst of the most rapid demographic transition of any member country of the Organization for Economic Cooperation and Development (OECD); the share of Korea’s population older…

There are few areas about which there is a greater range of opinions among international monetary experts than the issue of exchange rate regimes. Eminent economists can be found who…

In 2005, the Korean government implemented a number of new financial policies. Of those, two policy measures deserve special attention because of their potentially significant impact on domestic financial markets.…

In 2010, a group of Asian countries made major strides toward economic integration with the launch of the Chang Mai Initiative Multilateralization. This currency swap arrangement has had a major…

With the recent season finale of The Walking Dead and the broadcast of his visit to South Korea with talk show host Conan O'Brien this past weekend, we look back at our…

This week our guest is noted scholar and North Korea watcher Dr. Stephan Haggard. Dr. Haggard is a Professor of Korea-Pacific Studies and director of the Korea-Pacific Program at the…

At KEI, we mainly focus on the relationship between the United States and South Korea, and their approaches toward North Korea. This week, we're taking a different look at the…

The semi-annual OECD Economic Outlook released in May projects that global GDP growth will remain around 3 percent in 2024 and 2025, shown below in Figure 1. The report’s outlook reflects the continued impact of tight monetary conditions. Nevertheless, the report cites several positive trends, such as falling inflation and improving private-sector confidence. With unemployment…

Korea once again found itself as an important facilitator for discussions on international artificial intelligence (AI), co-hosting the recently concluded AI Seoul Summit. The summit served as a follow-up to last year’s inaugural AI Safety Summit, which took place in the United Kingdom, and it produced a number of new commitments regarding the safe and…

Line, a popular messenger and social media platform in Japan used by around 70 percent of the population, has emerged as the next potential challenge for the fragile relationship between Seoul and Tokyo. Run by Line Yahoo, Line is jointly owned by the South Korean tech company Naver and the Japanese company SoftBank, each holding…

With the dust settling from the South Korean general election, which witnessed the highest voter turnout for a legislative election since 1992, the general consensus from both the left and the right is that the outcome was a significant setback for the ruling People Power Party (PPP) and by extension, President Yoon Suk Yeol. For…