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The start of the Biden administration demonstrated how far Russo-U.S. relations had sunk. On the heels of the massive cyber-hacking of U.S. government files, attributed to Russia, hearings for Biden’s…
On February 26, 2020, an Indian plane landed in Wuhan carrying medical supplies for China, which was then the epicenter of the COVID-19 outbreak. On its return, it evacuated a…
The global pandemic caused by the onset of the novel coronavirus known as COVID-19 has tested governance at both the national and international levels by challenging the capacity of nations…
Since 1992, bilateral relations between China and South Korea have sustained a state of positive development, although there have naturally been some moments of friction and contradictions. Amid the COVID-19…
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…
Korea’s real GDP grew 6.6% (seasonally-adjusted annual rate) in the first quarter of 2021, bringing it back to its pre-pandemic peak level (Figure 1). The May OECD Economic Outlook projects that it will increase 3.8% in 2021, significantly faster than its March outlook of 3.3%. The new projection is consistent with forecasts by the Bank…
What Happened On May 13, the South Korean government announced it will provide tax incentives and subsidies to encourage growth and investment in the domestic chip market. On May 25, the government announced additional plans to provide financial incentives and support to domestic makers of automotive chips and other key car components. The government also sent requests to foreign automotive chip…
Despite differences in political ideology, South Korea’s relationship with Vietnam has deepened and evolved since formal diplomatic relations were established in 1992. Trade and economic investment have grown substantially, and the two countries have upgraded their bilateral relationship from a “dialogue partnership” to a “strategic partnership.” Next year’s 30th anniversary of South Korea’s diplomatic relations…
At the end of May, President Moon Jae-in of South Korea held his first in-person meeting with President Joe Biden at the White House. The joint statement released by the U.S. indicates that the leaders discussed a wide range of areas to deepen cooperation between the U.S. and South Korea, from climate change and COVID-19,…