Asia

In the press conference that followed the Singapore summit in June 2018, President Trump announced that he would stop the “war games” since they were costly and provocative. Subsequent large-scale…

As COVID-19 continues its global spread, the economic implications are anticipated to be significant. Depending on magnitude of spread, the fall in Korea’s real GDP is estimated at between 0.51%…

Under President Moon Jae-in, South Korea has set an ambitious target to move from being “first in the world” in the race to 5G to “first in global quality.” Yet,…

India and South Korea, Asia’s third- and fourth-largest economies, respectively, established a Comprehensive Economic Partnership Agreement (CEPA) in 2010 and upgraded their relationship to a special strategic partnership in 2015.…

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…

In the last two posts, we have provided data on the share of military personnel in the Politburo and analyzed in more detail the diversity of military backgrounds, some tied to the weapons program, but others linked more clearly to the military-industrial complex, technology and internal security. Here, we consider several intepretations of these developments,…

South Korea’s dominant position in the global market for auto manufacturing and chip fabrication are well known. Less well-known is the country’s increasingly expanding gaming industry. In 2019, South Korea’s gaming industry brought in USD 6.9 billion from abroad - approximately 10 times that of the country’s vaunted pop music industry. Now, Korea’s gaming companies are looking…

In a previous post, we provided data on the shifting composition of the Politburo, based on a classification of personnel into six different career paths: military, diplomatic, party, state, economic and provincial. We showed that since the failed Hanoi summit of 2018, the share of military personnel has returned to levels not seen since the…

What Happened Last week, the police failed to stop an ex-convict from murdering two women despite having placed him under surveillance using an ankle monitor. The public response to this incident reflected growing anxiety around a series of violent crimes targeting vulnerable groups such as women and children. A growing segment of the public sees the current sentencing as inadequate to deter violent…