1985 Posts located
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…
When Marja Vongerichten was 19, she met her birth mother for the first time since being adopted at age three. The first thing they bonded over, Marja says, was…
Born in Brooklyn, Chef Edward Lee always loved cooking. And after graduating from college with an English literature degree, he returned to that love and became an award-winning chef. Not…
In the decades following the Korean War, North Korea initiated a top-secret project to kidnap ordinary people from Japan, reeducate them, and turn them into international spies for the regime.…
Every year on January 13, the Korea Economic Institute of America (KEI) sponsors a luncheon in Washington, DC to mark Korean American Day and recognize the local and national Korean…
By Chad 0Carroll Rewind to April 1995, just one year after the death of Kim Il Sung, a nuclear crisis that nearly brought about war, and a time of biting economic hardship. After such a long period of mourning, probably the last thing you would have expected to see taking place would be an international…
By Nicholas Hamisevicz Last month South Korea’s Defense Acquisition Program Administration (DAPA) commissioner Noh Dae-lae stated that DAPA had exceeded its defense exports goals last year and was now attempting to sell over $3 billion defense exports in 2012. South Korea might have hit that $3 billion mark last year if it won a contract…
By Chad 0Carroll Kim Jong-nam made headlines last week with reports suggesting he was not comfortable with the third generation succession to his brother, Kim Jong-un. It wasn’t the first time Kim Jong-nam’s name made the news, with previous reports showing his desire for reform, his unhappiness with DPRK military first policy, and even his…
By Karin Lee, NCNK In December 2010, North Korea began asking multiple countries for food aid. Its request to the U.S. came in early 2011, but it wasn't until December 2011 that a deal seemed close, with the U.S. prepared to provide 240,000 metric tons (MTs) of assistance. Kim Jong Il died soon after this…