1986 Posts located
Why is South Korea pilot-testing its Central Bank Digital Currency (CBDC), and what made it shift from non-issuance to consideration? This paper investigates the Bank of Korea (BOK)’s CBDC-related developments…
How is the increasing spread of artificial intelligence (AI) likely to shape the cyber capabilities of the Democratic People’s Republic of Korea (DPRK; North Korea) in the coming years? Over…
In this new article of KEI’s Korea’s Economy, Dr. Bark Taeho (President of the Global Commerce Institute of Lee & Ko and Former Minister for Trade) notes that Korea has faced…
The COVID-19 pandemic caught almost all countries unprepared. Some countries, including South Korea (hereafter Korea), managed to deal with the pandemic relatively more successfully than others and had a proactive…
In the mid-1990s, North Korea experienced a famine that by some estimates wiped out 10 percent of the population. Though many at the time thought the regime would…
Over the last decade, China has become an increasingly important country for South Korea has it has emerged as Seoul’s largest trading partner and a leading player…
On April 8, North Korea withdrew all of its workers from the Kaesong Industrial Complex, temporarily placing on hold the last form of cooperation between North and South…
South Korea’s nuclear energy industry has for decades been facilitated through close cooperation with counterparts in the United States under what is known as a “123 Agreement”. Today South Korea’s…
What Happened In March, the Biden administration encouraged Seoul to increase trilateral cooperation with the U.S. and Japan. Biden’s first face-to-face meeting with an international leader occurred in April when Japanese Prime Minister Suga arrived in Washington. The U.S. president’s second in-person meeting with a world leader was with South Korean President Moon Jae-in on May 21. Implications: The White House…
What Happened In April, the Defense Ministry announced a new law that will compensate members of the Korean Liaison Office (KLO) that worked under the UN and United States during the Korean War. KLO veterans have no documented military record in South Korea because they performed clandestine operations under foreign command. The KLO was first brought to public attention…
What Happened In a May 10 speech, Moon explained that the opposition's mayoral victories in April reflected the public’s dissatisfaction with the ruling Democratic Party’s handling of the housing issue. In response, Moon promised to modify several housing policies. A poll from May 7 shows that many view the housing situation as one of the most important current issues, second…
By KEI Advisory Council President Joe Biden and President Moon Jae-in are scheduled to meet in Washington D.C. on May 21. For President Biden, this will be his second summit with a world leader following his meeting with Japanese Prime Minister Yoshihide Suga on April 16. Ahead of this engagement, KEI reached out to members…