Asia

The year 2008 will be recorded in world history as a year in which the global capitalist system was threatened as a consequence of the U.S.-originated financial turmoil that began…

Following several years of strong expansion, the Korean economy began losing momentum in the second half of 2008 in the wake of the stress engulfing the global financial system. Although…

North Korea’s economy has been on the verge of collapse since the beginning of the second nuclear crisis in 2002 because of the international community’s growing sanctions and pressure. The…

The tax burden in Korea—at 26 percent of gross domestic product (GDP) —was well below the average of the member countries of the Organization for Economic Cooperation and Development (OECD)…

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…

KEI Communications Director Jenna Gibson, host of the KEI podcast Korean Kontext, recently interviewed Major General James Walton, Director for Transformation and Restationing for U.S. Forces Korea (USFK), who is in charge of moving around 30,000 troops, staff and families from Yongsan Garrison in Seoul down to Camp Humphreys in Pyeongtaek. The following is a…

By Juho Choi Since the end of 2016, the Korean government has faced a variety of problems from a major political scandal to a stagnant economy. Among the issues, one of the most urgent is Avian Influenza (AI). According to the WHO, Avian influenza (“bird flu”) is “an infectious disease of birds caused by type…

“Previously, all the people used to sing the song We Are the Happiest in the World, feeling optimistic about the future with confidence in the great Comrades Kim Il Sung and Kim Jong Il. I will work with devotion to ensure that the past era does not remain as a moment in history but is re-presented in the…

By Nayoon Lee On November 14th, Han Min-goo, the Minister of National Defense tentatively signed the General Security of Military Information Agreement (GSOMIA) with Japan. Despite the political controversy regarding GSOMIA, which some see as an opportunity to strengthen Korea’s defense and others as drawing too close to an unrepentant Japan, President Park Geun-hye approved…