Asia

Digitalization could open a new era of growth for Korea. Previous expansion waves, based on traditional industries, have fostered export-led growth and placed Korea among the world’s top ten economies.…

After an initial surge in cases, Korea was less seriously affected by the COVID-19 virus than other countries, but the subsequent recovery was relatively mild. The negative effect was concentrated…

This paper deals with one of the most critical issues in contemporary international relations: how China’s rise challenges foreign policies of U.S. allies, with a focus on the Republic of…

The rivalry between the United States and China is affecting countries in its midst. This particularly applies to South Korea. The country is a strong economic player with a successful…

In this episode of Korean Kontext, I have the opportunity to speak with Richard V. Allen, who, in the weeks preceding his official instatement as National Security Advisor to President-elect…

In this episode we hear from author Mike Kim, who speaks with Korean Kontext about his experiences living and working with North Korean refugees on the China-North Korea border. Mike…

We bring the Korean Kontext studio to the U.S. Department of State to speak with Kathleen Stephens, current U.S. Ambassador to South Korea. Ambassador Stephens shares with us her personal…

In this episode we speak with Ambassador John Everard, who served as Ambassador of Great Britain to North Korea from 2006-2008. Ambassador Everard experienced firsthand life as one of only…

What Happened On April 1, Seoul and Tokyo met to discuss historical issues, future bilateral meetings, and improving trilateral relations. The meeting came just after Japan’s Ministry of Education approved 30 high school social studies and history textbooks that showed the Dokdo islets as part of Japanese territory. Although South Korea called for the books to be corrected and for the…

What Happened On March 26, the South Korean Defense Minister met with his Indian counterpart to discuss mutual cooperation. Items discussed included increasing defense ties, arms sales, and foreign direct investment. Korean companies are interested in partnering with the Indian military to supply anti-aircraft defense systems and participate in shipbuilding projects. Implications: While Korea has not joined any formal coalitions aiming…

Thomas Bach, current Chairman of the International Olympic Committee (IOC), published a lengthy opinion piece about the Olympic Games last October.  In a strong defense of the games as “an event that unites the world,” he unequivocally proclaimed that “the Olympic Games are not about politics.” While keeping politics out of the Olympic Games may…

With inflation undershooting its 2% medium-term target, the Bank of Korea (BoK) cut its policy rate by 50 basis points twice in 2019 (Figure 1). Faced with further disinflationary pressures during the COVID-19 pandemic, the central bank cut the rate by another 50 basis points in March 2020 and 25 basis points in May, to…