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In the aftermath of the Global Financial Crisis, the multilayered international financial governance regime has been strengthened. In East Asia, this regime includes an ASEAN+3 regional layer designed to complement…
Dear Readers, With the 31st edition of Korea’s Economy, we have turned our focus to Northeast Asia where China and Japan represent two of South Korea’s most important trading partners.…
The ROK-Japan relationship seemingly found a floor after the downward spiral that marked the end of the Lee Myung-Bak presidency and the first three years of President Park Geun-hye. Seoul…
This report conducts an analysis of the corporate bond market in Korea and the changes in interest rates and term structure since the 1997 Asian financial crisis. The potential risks…
North Korea is putting on a tough face as the world confronts the COVID-19 pandemic. Authorities in Pyongyang continue to reassure the rest of the world that nothing is wrong…
Looking back on the Korean War, one might assume that the outbreak of a violent conflict that killed millions of people would preclude the possibility of a peaceful resolution of…
It would not be an exaggeration to claim that the Korean War shaped world history. There had been bloodshed elsewhere that bookmarked the start of the bitter conflict between the…
The international force that answered the United Nation’s call to defend the Republic of Korea between 1950 and 1953 did more than engage in combat with North Korean and Chinese…
Troy Stangarone of the Korea Economic Institute of America (KEI) recently interviewed Jérome Sauvage, the Deputy Director of the United Nations Development Program’s Representation Office in Washington, DC and previously the UN Coordinator in the DPRK, on the humanitarian situation in North Korea for KEI’s Korean Kontext podcast series. In the interview, Deputy Director Sauvage…
By Kenneth Lee In recent years, the United States expressed interested in deploying the Theater High Altitude Area Defense missile system or THAAD, onto the Korean peninsula to counter North Korea’s growing missile threats. Earlier in June, General Curtis Scaparrotti of United States Forces Korea was quoted in Yonhap News saying he personally “recommended the…
By Diane Stevenson In a future with the Asian Super Grid, renewable energies gathered in the steppes of Mongolia would be transported through an integrated, multi-national power grid to reach energy needy cities in China, Russia, on the Korean Peninsula, and Japan. According to the most recent UN Sustainable Development Solutions Network report, South Korea,…
By Joseph Dahl and Diane Stevenson Amid Congressional gridlock, the border crisis and a lawsuit against the President, a rather important and potentially consequential bill passed the House without much attention. H.R. 1771, the North Korea Sanctions Enforcement Act of 2014, would put renewed pressure on the Kim regime if successfully passed by the Senate…