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South Korea and Japan share common challenges and liberal democratic values but have been unable to build a close security relationship, due mainly to their political differences. This paper examines…
At the Korea Economic Institute of America (KEI), we foster connections to advance United States-Republic of Korea ties. Through bringing together people with an interest in topics of importance to…
How has the COVID-19 pandemic reshaped or influenced China’s geopolitical outlook and its grand strategy for the years to come? This is a question that will determine China’s relationship with…
The COVID-19 pandemic poses significant geopolitical challenges and presents opportunities for the United States in the Indo-Pacific. The Trump administration bungled the crisis, damaging the U.S.’s standing as a paragon…
With the recent retirement by Yi So-yeon, South Korea’s remaining astronaut, many have turned attention to Korea, wondering whether there is a future for its space program. According to Daniel Pinkston of the…
Since the famine of the 1990s, North Korea has continued to face periods of chronic food shortages. However, the humanitarian needs of the people in North Korea…
North Korea has engaged in various forms of economic reforms and marketization attempts such as establishing Special Economic Zones and obtaining Foreign Direct Investment. Yet, many of North…
In this episode, we talk with Dr. Yiagadeesen Samy of Carleton University on income inequality in South Korea and its affect on Korea’s economy. Dr. Samy is an economist…
Korea’s real GDP grew 6.6% (seasonally-adjusted annual rate) in the first quarter of 2021, bringing it back to its pre-pandemic peak level (Figure 1). The May OECD Economic Outlook projects that it will increase 3.8% in 2021, significantly faster than its March outlook of 3.3%. The new projection is consistent with forecasts by the Bank…
What Happened On May 13, the South Korean government announced it will provide tax incentives and subsidies to encourage growth and investment in the domestic chip market. On May 25, the government announced additional plans to provide financial incentives and support to domestic makers of automotive chips and other key car components. The government also sent requests to foreign automotive chip…
Despite differences in political ideology, South Korea’s relationship with Vietnam has deepened and evolved since formal diplomatic relations were established in 1992. Trade and economic investment have grown substantially, and the two countries have upgraded their bilateral relationship from a “dialogue partnership” to a “strategic partnership.” Next year’s 30th anniversary of South Korea’s diplomatic relations…
At the end of May, President Moon Jae-in of South Korea held his first in-person meeting with President Joe Biden at the White House. The joint statement released by the U.S. indicates that the leaders discussed a wide range of areas to deepen cooperation between the U.S. and South Korea, from climate change and COVID-19,…