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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.…
After two years of sluggish growth, the Korean economy is now recovering. Economic activity began to revive in the early part of 2005 and accelerated throughout the year, reaching an…
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…
In this episode of Korean Kontext, guest host Kyle Ferrier, KEI's director of academic affairs and research, sits down with Korea Society President Tom Byrne. Before joining the Korea Society…
It started in 2009 with a few audio lessons. Within just six years, Talk to Me in Korean has grown into a huge hit, with millions of listeners from all…
Since the death of Kim Il-sung in 1994 there have been numerous predictions that the collapse of the North Korean political system would be imminent, yet the Kim dynasty continues…
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…
South Korea stands out for its investments in innovation, notably high enrollment rates in tertiary education and large investments in research and development (R&D) and patents. Nevertheless, labor productivity (output per worker) in South Korea was 23 percent below the average among OECD countries in 2021. Strengthening the innovation ecosystem and boosting the return on…
The blatant abduction of Japanese citizens by North Korea around 40 years ago continues to be a sensitive and controversial issue for the Japanese government and the Japanese people, as well as a serious obstacle to improved relations between Pyongyang and Tokyo. From about 1977 to 1983, North Korean military and intelligence operatives kidnapped at…