Asia

Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…

Korea is in the midst of the most rapid demographic transition of any member country of the Organization for Economic Cooperation and Development (OECD); the share of Korea’s population older…

There are few areas about which there is a greater range of opinions among international monetary experts than the issue of exchange rate regimes. Eminent economists can be found who…

In 2005, the Korean government implemented a number of new financial policies. Of those, two policy measures deserve special attention because of their potentially significant impact on domestic financial markets.…

Korean Kontext recently spoke to Gordon Flake of the Mike and Maureen Mansfield Foundation for a conversation about Korea’s rising prominence as a “middle power”.  Focussing on South Korea’s rapidly…

62 years ago on this day of June 25, hostilities broke out on the Korean peninsula. It was a conflict that ended only due to what everybody thought would be…

Korean Kontext caught up with Man Asian literary prize winner Shin Kyung-sook for a chat about her latest novel, “Please Look After Mom”.  Shin became the first woman and South…

In this special episode, Korean Kontext had the opportunity to speak to South Korean Minister for Trade, Bark Taeho, during his latest visit to Washington DC. KEI’s Vice President, Dr.…

North Korea’s human rights violations have been a priority of UN organizations since 2004, when the UN Human Rights Council first appointed a UN Special Rapporteur to report annually on the issue to the UN Security Council and the UN General Assembly. This focus on North Korea’s human rights violations has been in addition to…

Newly installed Japanese Prime Minister Ishiba Shigeru caused waves in October over comments he made before his election. In an article published by the Hudson Institute, he said that in light of Russia’s invasion of Ukraine, the lack of a mutual defense organization in the Indo-Pacific region increases the likelihood of conflict. “Under these circumstances,…

The Sangdong tungsten mine in South Korea holds one of the world’s largest single-mine tungsten reserves. After closing in the early 1990s—largely due to cheaper Chinese tungsten flooding world markets and undermining South Korea’s price competitiveness—the mine is set to resume operations next year. This revival follows the acquisition of the Sangdong mining rights by…

In the early 21st century, global value chains (GVCs) grew longer and became reliant on low-cost countries for assembly, employing just-in-time production methods. These practices were tested during events like the US-China trade war and the COVID-19 pandemic. In response, many companies shifted their GVC strategies toward a focus on resilience and diversification. As this…