Asia

This paper argues that the impact of Hallyu (the Korean Wave) on the Korean economy has only been effective in boosting related sectors, such as cosmetics, fashion, and tourism. Interestingly,…

This paper proposes a framework for conceptualizing middle powerism in the context of the Fourth Industrial Revolution, using South Korea as an example. The paper argues that the systemic transformation…

In the context of growing US-China tensions, South Korean administrations have opted for degrees of strategic ambiguity, refraining from overt actions that suggest South Korea is taking sides. While strategic…

KEI’s 2021 Report on American Attitudes Toward the Korean Peninsula summarizes results from a survey commissioned by KEI and conducted by YouGov on August 30th to September 7th, 2021. The…

Not everyone in Korea or foreigners abroad want to hear about national advertising initiatives that focus on mainstream issues like K-Pop, Hallyu or ancient Korean Kimchi culture. Instead, many want…

On January 11, 2013, the Korea Economic Institute of America recently led Washington DC’s celebration of Korean American Day by hosting a luncheon event to honor two Korean Americans for…

With North Korea announcing to the world that it will be attempting to launch a second satellite for 2012, many analysts have been speculating as to why Pyongyang is so…

In this episode we spoke to The Economist’s South Korea correspondent, Daniel Tudor. Having been based in Korea for over a decade, Tudor has just finished writing one of the…

South Korea stands at a critical demographic juncture, facing a declining birthrate that has far-reaching implications for its economy and society. The increasingly severe demographic trends have pushed the government and society to consider which policy measures might offset the social and economic consequences of demographic decline. Fertility quickly declined from an average of six…

The number of North Korean refugees fleeing their homeland and reaching South Korea for resettlement has increased during the first nine months of 2023, though the numbers are still far below the number of refugees that reached South Korea in the previous decade.  At the same time, disturbing reports indicate that China is forcibly returning…

The world is turning its attention to China’s economy and Korea is taking note. The South Korean Ministry of Finance put together an all-government task force to respond to the potential negative effects of the downfall of China’s largest property developer, Evergrande, which recently canceled the restructuring of more than $19 billion of debt affecting…

Words and labels have power. They can frame the way we think, fortify assumptions, and build expectations. They also obfuscate and mislead. In academic, diplomatic and media settings, the routine descriptor to contextualize South Korea’s role in the world is “middle power.” We rarely think deeply about the term and are prone to ignore its…