Asia

This paper explores how South Korea defines “economic security.” Amidst geopolitical turbulence, the framing of this concept by governments and policy circles around the globe is reflective of the changes…

This paper examines how Beijing views economic security as well as other countries’ actions in this realm. Economic security is not a new or foreign concept to Chinese thinkers and…

This paper argues that while North Korea does not discuss “economic security” in domestic contexts or have an established definition of the term, it thoroughly understands that the economy and…

The Democratic People’s Republic of Korea (hereinafter DPRK or North Korea) has been pursuing technological development in a very different way from the standard path of global technology growth due…

Hello again after the holiday break! Just before the holidays I spoke with Hawon Lee, who was just wrapping up his nearly four years as Washington D.C. Bureau Chief of…

In this episode we speak with Mr. Ken E. Gause, currently a senior research analyst with the International Affairs Group and Iranian Studies Program at CNA Strategic Studies in Alexandria,…

In this episode, we are joined by Balbina Hwang, currently a visiting professor at Georgetown University and the National Defense University here in D.C. Ms. Hwang is here to speak…

This episode takes us directly into the office of Ambassador Han Duk-Soo, Ambassador of the Republic of Korea to the United States, who shares his thoughts on the much-anticipated G-20…

What Happened On June 1, the Ministry of Justice announced a revision to the Nationality Act that will make it easier for the children of permanent residents to receive South Korean citizenship. The new policy sparked a backlash from those who believe the policy favors Chinese residents living in South Korea, as 95% of those who would benefit from…

What Happened Lee Jun Seok is emerging as the leading candidate in the race for the chairmanship of the main opposition party. Lee has been openly critical of the Moon Jae-in administration’s efforts to have a gender quota in his cabinet appointments. The ruling Democratic Party’s candidates were soundly defeated in recent mayoral elections in Seoul and Busan, largely…

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…