Asia

This past year—2007—was another solid one for Korea’s economy. Buoyed by continued strong exports and a pickup in domestic demand, real GDP is estimated to have grown by nearly 5…

The year 2007 demonstrated more clearly than ever that external economic engagement provides a chance to help convince North Korea to abandon isolation and take specific actions toward denuclearization that…

On 30 June 2007, United States Trade Representative Susan C. Schwab and Republic of Korea Trade Minister Kim Hyun-chong signed the United States-Korea Free Trade Agreement (KORUS FTA), an encompassing…

As the first decade of the twenty-first century nears an end, distinct patterns are emerging in the global trading system. The Doha Development Round remains stalled and has begun to…

In this episode we speak with Doug Goudie, Director of International Trade Policy at the National Association of Manufacturers (NAM). Mr. Goudie draws from his experiences to share his perspective…

In this episode we hear from Tami Overby, Vice President for Asia at the U.S. Chamber of Commerce and former President of the American Chamber of Commerce in Korea. Ms.…

Now in its tenth year, KEI’s Opinion Leaders Seminar (OLS) is an annual gathering of some of the world’s foremost policymakers and scholars on the U.S.-South Korean alliance. In this…

An exclusive interview with Dr. Alon Levkowitz, author of the most recent edition of the Korea Economic Institute’s Academic Paper Series. His paper, titled “The Republic of Korea and the…

South Korea stands out for its investments in innovation, notably high enrollment rates in tertiary education and large investments in research and development (R&D) and patents. Nevertheless, labor productivity (output per worker) in South Korea was 23 percent below the average among OECD countries in 2021. Strengthening the innovation ecosystem and boosting the return on…

The blatant abduction of Japanese citizens by North Korea around 40 years ago continues to be a sensitive and controversial issue for the Japanese government and the Japanese people, as well as a serious obstacle to improved relations between Pyongyang and Tokyo. From about 1977 to 1983, North Korean military and intelligence operatives kidnapped at…

Doctors’ strikes have made headlines and become a domestic political flash point in Korea, but they are only part of a global problem regarding medical training.  In 2024, junior doctors and interns went on strike in the United Kingdom and Kenya, while China’s Xinhua News Agency highlighted the need for medical education reform due to…

Two years into his tenure, President Yoon Suk Yeol seems proud of his efforts to realize his foreign policy vision. “The global pivotal state diplomacy that we have put into practice since the launch of this government has become the government's signature policy,” he told chiefs of missions during a banquet, according to the Yonhap…