2004 Posts located
The year 2008 saw a reversal of a long-lasting policy constellation in the international community visà- vis the Democratic People’s Republic of Korea (North Korea). South Korea, for 10 years…
The year 2008 will be recorded in world history as a year in which the global capitalist system was threatened as a consequence of the U.S.-originated financial turmoil that began…
Following several years of strong expansion, the Korean economy began losing momentum in the second half of 2008 in the wake of the stress engulfing the global financial system. Although…
North Korea’s economy has been on the verge of collapse since the beginning of the second nuclear crisis in 2002 because of the international community’s growing sanctions and pressure. The…
With Washington DC stuck in a snowstorm, please enjoy this episode of Korean Kontext originally published in 2012. B.R. Myers is the author of “The Cleanest Race” and regular…
Every January, KEI publishes its predictions for the 10 issues to watch for on the Korean Peninsula in the coming year. Then, in December, we revisit our predictions to see…
North Korea watchers have been trying for years to understand the inner workings of the reclusive regime. With the country launching its 4th nuclear test this week, recognizing the structure and…
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…
On March 9, South Korean voters will select their next president for a five-year term. The South Korean constitution limits presidents to a single term, so there is no incumbent in the race. The presidential campaign is a contest between Lee Jae-myung, candidate of the progressive Democratic Party of current president Moon Jae-in, and Yoon…
What Happened: In January 2022, Indonesia announced a ban on coal exports. Indonesian coal accounts for 20% of Seoul’s total coal imports. In response, the South Korean government urged the Indonesian government to remove the ban on coal exports. Despite these actions, the South Korean government officially stated that Indonesia’s ban on coal exports would…
What Happened: The ruling party’s presidential candidate Lee Jae-myung announced his plan to raise income per capita to USD 50,000, elevate the country’s hard power, and reach KOSPI stock index of 5,000. Polling two days after this speech showed that Lee led the race with 36 percent against his main opponent’s 26 percent. According to…
Who will shape the digital market evolution? You might assume that it is the tech-savvy youths. But Korea shows that the “yold” generation (the young-old, born between 1946 and 1964) has much more to offer to the digital transformation than people presume. Likely to retire around 2025, this cohort will have disposable income worth around USD…