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The purpose of this research is to identify an exchange rate regime that would be suitable for North Korea to achieve its goal of economic reform. To do so, we…
This paper reviews and evaluates the development of Bank of Korea policy in historical and comparative perspective. The historical perspective focuses on the most recent of the three stages of…
During the past decade there has been growing academic interest in the field of nation branding. It is increasingly common for governments to adopt the techniques of brand management in…
In Northeast Asia and the United States during the later months of 2008 a great deal of attention was paid to the health of Kim Jong-il. Rumors of a stroke,…
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…
The resource that will drive future growth is data. For Korea’s entertainment industry to get a share of this new currency, it has to transition from being producers of content to becoming providers of a platform that aggregates data. But domestic streaming platforms face numerous challenges when competing against foreign giants like Netflix, Disney+, and…
What Happened Parents of elementary school students are pushing for national academic evaluations to be reinstated to know where their children’s education stands compared to the national average. COVID-19 has increased concerns over a widening education quality gap between students. The government attributes this widening gap to students with access to private education and those who do not. Implications: Korean society…
Nearly 300 days have passed since the outbreak of the February coup in Myanmar. Since then, more than 1,250 citizens have been killed and 10,100 arrested while fighting in resistance against the military, according to the Assistance Association for Political Prisoners (AAPP). In response, the international community including the United Nations Security Council, has publicly…
What Happened The ruling Democratic Party’s presidential candidate Lee Jae-myung proposed another round of universal payments to help citizens overcome the economic challenges posed by COVID-19. However, Prime Minister Kim Boo-kyum and the government claimed that they do not have the capacity to provide another round of universal relief funds. A nationwide public poll showed that 60.1% of Koreans agree…