Asia

Central banks have two responsibilities: (1) stabilize the value of the currency and (2) maintain public confidence in deposit money by limiting systemic risk. The first responsibility is primary, ongoing,…

In the unfolding process of the Korean financial crisis in 1997, an inefficient corporate bankruptcy system played a damaging role in the Korean economy. Before the crisis, in 1996 and…

Although Korea has seen its economic growth rates come down from the stratospheric heights of previous decades, it remains, by any advanced-country yardstick, a successful economic performer. Korea’s real GDP…

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)…

In this episode, Korea Economic Institute’s Director of Communications Chad 0Carroll speaks with Scott Snyder of the Council on Foreign Relations. Having written a number of publications on U.S. relations…

In this episode, Korea Economic Institute’s Director of Public Affairs and Regional Issues Sarah Yun speaks with Dr. Andrei Lankov of Kookimin University. Having written a number of books on…

In this episode, new Korean Kontext presenter speaks with Curtis Melvin, the man behind the NK Econ Watch blog and developer of “North Korea Uncovered”, a Google Map overlay that…

In this episode, we speak with Kevin O’Donnell, who, after decades on a private sector career path, became the first-ever Peace Corps country director for South Korea, followed by a…

This piece is one of 12 contributions to KEI’s special project on South Korea’s nuclear armament debate that will run on The Peninsula blog over the next month. The project’s contributors include young, emerging, and mid-career voices, examining the debate from a historical, a domestic, and an international perspective. On Wednesday, March 15, KEI will…

This piece is one of 12 contributions to KEI's special project on South Korea’s nuclear armament debate that will run on The Peninsula blog over the next month. The project’s contributors include young, emerging, and mid-career voices, examining the debate from a historical, a domestic, and an international perspective. On Wednesday, March 15, KEI will host…

North Korea has continued to multiply its nuclear threats and strongly expressed its resolve to preemptively strike South Korea and the United States with nuclear weapons in the event of a crisis. In 2021, the North Korean regime developed tactical nuclear weapons targeting the Korean Peninsula and surrounding areas. It also documented conditions in which…

This is the second in a two part series looking at Korea's Indo-Pacific Strategy and the Indo-Pacific Strategies of other governments. The first part can be found here. In December of last year, President Yoon Suk Yeol released a key foreign policy document. The Strategy for a Free, Peaceful, and Prosperous Indo-Pacific Region outlines his…