Asia

During the two-year period since the outbreak in August 2007 of the U.S. subprime crisis, Korea has felt its severe effects: Korea’s economy contracted sharply and experienced a liquidity crisis.…

There is certainly a place for regionalism in Northeast Asia.1 It already exists in various amorphous ways, but regional identity is relatively weak in Northeast Asia, and for this and…

The rise of China means that the regional (not global) power structure is shifting from unipolarity to bipolarity. Whether this is a positive or negative development depends on a particular…

The dramatic events of recent months—and, above all, North Korea’s second nuclear test and long-range missile launch—demonstrated once again that the Barack Obama administration and the international community at large…

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…

What Happened South Korea plans to deliver more than 1 million doses of COVID-19 vaccines to Vietnam, representing Seoul’s first direct vaccine commitment to a foreign nation. South Korean venture firms continue to expand in Southeast Asia with the government promising support for their outreach to ASEAN countries. South Korean President Moon Jae-in will participate in a series of ASEAN summits…

In the brutal contest for streaming views, “Squid Game” has outplayed its competitors to become Netflix’s biggest hit. Beyond its own success, however, the dystopian drama also epitomizes what has become a mutually beneficial partnership between the streaming giant and South Korea’s creative industry. As KEI’s Troy Stangarone underscores, the show is an example of Netflix’s strategy…

What Happened The Seoul Metropolitan Office of Education recently announced that schools in the city will be adopting electronic boards by 2024 to accommodate more digital hardware in classrooms. Teachers, however, pushed back against this proposal, arguing that they have not properly considered the practical application of these tools. Meanwhile, the Korean government has been…

What Happened The U.S. government asked semiconductor manufacturers to voluntarily share their client list, inventory status, and other confidential information. This includes South Korean firms like Samsung and SK Hynix. South Korea is concerned that the request would reveal these firms’ trade secrets to rivals. Implications: South Korea approaches commercial engagement with trade partners with the assumption that their policymakers will look at…