Asia

Korea’s money market includes the call market as well as markets for monetary stabilization bonds (MSBs), negotiable certifi cates of deposit (CDs), repurchase agreements (repos), commercial paper (CP), and cover…

This article investigates the progress in corporate governance reform in Korea since 1997 as well as current corporate governance challenges. It focuses on corporate governance issues and, as such, does…

According to a preliminary estimate by the Bank of Korea on 4 January 2008, Korea’s per capita gross domestic product (GDP) and per capita gross national income (GNI), which adjusts…

The year 2007 displayed remarkable progress in Korea-U.S. economic relations on many different levels. At the global level, our two countries have worked closely together to meet international challenges. For…

Volcanologist Dr. Kayla Iacovino traveled to North Korea in 2013 as part of a team that was collaborating with North Korean scientists to study Mt. Baekdu, one of Korea's most…

Nicholas Hamisevicz has been KEI's director of research and academic affairs for four years. Now, he is leaving KEI to pursue his Ph.D at Catholic University. But before he goes,…

Within China, the People’s Liberation Army (PLA) is a principle stakeholder in Beijing’s policy decision-making. In recent years, PLA officials have penned some of the more interesting, and forceful, articles…

Over the past few years, North Korea has been holding press conferences starring so-called re-defectors – people who fled to the South and chose to return. Researchers Steven Denney and…

As 2021 began, the world was still in the depths of the pandemic and vaccines to protect against COVID-19 were only beginning to become available to the public in a small number of countries. As 2022 begins, the pandemic continues to impact lives and economies around the world but there are signs of recovery. Among…

One of Korea's strongest capabilities is its soft power, accrued through its exports of Korean popular culture. Whether it’s Squid Game or BTS, Parasite or Black Pink, the Korea Wave has reached every shore and boosted Korea's profile. But while this does provide some opportunities, experts say there are limitations to what objectives the Korean…

The campaign for the March presidential election has been marred with partisan attacks and personal scandals that are reflective of the deeply seated fissures in Korea that mirror the emergence of bipolar "mega identities" in the U.S., especially as a backlash to the alleged successes or failures of the progressive Moon Jae-in administration. But in…

The potential growth rate – the level of output that an economy can produce at a constant inflation rate – in Korea has declined steadily from 5.0% during 1997-2006 to 2.7% during 2017-20, according to the OECD (Figure 1). The OECD projects that it will slow further to 2.2% from 2021-23. The Bank of Korea…