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South Korea is currently engaged, once again, in a large-scale, expensive modernization of its military that aims to provide the country with a more robust and self-sufficient defense. The timing…
Globalization is a hallmark of the twenty first-century world. As transportation and telecommunications grow in both efficiency and level of performance and as the ambit of the Internet expands, it…
The penetration of the Internet in Korean society is usually seen as a positive development, perhaps even a model for other countries; more efficient bureaucracy, more political figures making use…
In the field of international security, few connections have been made between the Korean peninsula with the Middle East. Traditional regional studies literature focuses on Korean issues within the Asia…
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…
Although the South Korean government strongly advised the public to stay home during Chuseok—Korea’s Thanksgiving—it was estimated that the population movement increased by 5 percent during this year’s holiday compared to the last. As the public eagerly waits for Covid-19 to subside and travel restrictions to be lifted, popular Southeast Asian destinations including Thailand’s Phuket…
What Happened In 2019 July, Japan imposed export restrictions on sensitive chemicals which South Korean industries need to produce semiconductors and electronic gadgets. Japan’s export restrictions by Japan and retaliatory public boycotts on Japanese products from Korean consumers have persisted longer than any other disputes before. Two years after the start of this dispute, Korea is less dependent on Japan for…
A popular online joke last week went something like this: “The leaders of South Korea and Moon Jae-in came to New York.” While the band’s global popularity is unmistakable, the fact that members of a Korean pop band were on the floor of the United Nations addressing world leaders remains no less surprising. The band was reprising its…
North Korea’s real GDP fell by 4.5% in 2020, according to the estimate announced by the Bank of Korea (BoK) at the end of July (Figure 1). It was the steepest decline since 1997 during the “Arduous March,” when North Korea was hit by famine. The downturn last year was caused in part by measures to contain…