Asia

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…

June 25, 2020 marks the 70th anniversary of the start of the Korean War. The conflict on the Korean Peninsula has been going on for so long that we sometimes…

2020 is starting off dramatically with the escalation of tensions in the Middle East – The world held its breath while the United States and Iran exchanged both blows and…

While it is frustrating to see North Korean projectiles flying out to sea and Pyongyang’s erratic, unpredictable reactions in negotiations, we cannot forget where things stood in 2017 – the…

30 years after the fall of the Berlin Wall, people’s aspiration to establish a pluralistic liberal democracy appears to be under scrutiny around the world – anti-immigration policies dominate political…

By Jenna Gibson Any student of Korea policy knows “The Two Koreas,” by Don Oberdorfer.  Famous both for its physical heft and its incredible detail, this book is regularly referenced as the go-to history book in Korea policy circles. It is bittersweet now to read the optimistic final chapter on North-South relations, but that does…

By Kyle Ferrier After North Korea’s second “satellite launch” in February this year I looked at how North Korean provocations have impacted the South Korean economy over time through the KOSPI index and the won/dollar exchange rate. The findings suggested financial markets in Seoul have not necessarily become accustomed to  provocations, as judged by a…

By Jenna Gibson With South Korea’s low birth rate on the mind of scholars and policymakers, the country’s schools have found themselves on the front lines of the country’s demographic crisis. Enrollment in elementary schools around the country in 2015 was 2,672,843. In 2000, that number was 33 percent higher, at 4,020,141. And as the…

By Troy Stangarone One question confronting the United States, South Korea, and the rest of the international community is how to convince North Korea to return to denuclearization talks. Having tried varying degrees of dialogue, negotiations, and sanctions, the options available entail a refinement of the current sanctions approach, the acceptance of North Korea as…