Asia

Korea has once again been threatened by financial contagion that started in another country. In 1997, it began with Thai baht; this time, the trouble started on Wall Street. Since…

When the curtain fell on the XXIX Beijing Olympics, South Korean athletes, with 13 gold, 10 silver, and 8 bronze medals, had proven once again that, ranking seventh in the…

Black September, Meltdown Monday, America’s Financial 9/11, Financial Tsunami, Perfect Storm, worse financial crisis since the Great Depression 1929… Whatever the term used, recent events on Wall Street will certainly…

Adhering to the action-for-action framework of the February 13, 2007 agreement, North Korea and the United States traded symbolic actions last week that grabbed the headlines—explosive video footage of North…

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…

By Troy Stangarone South Korea saw the largest drop in exports since the global recession in 2009 in August with exports falling 14.7 percent year-on-year. One sited cause of the decline is slowing economic growth in China, which now accounts for about 25 percent of South Korea’s exports. With China now South Korea’s most significant…

By Nicholas Hamisevicz This week KEI is hosting an event examining India and Korea as increasingly important countries in a rising Asia. Even though much attention has been placed on China this month as some world leaders recently visited Beijing for its military parade celebrating the end of World War II and with Xi Jinping’s upcoming…

By Nicholas Hamisevicz The Demilitarized Zone (DMZ) is a fixture that constantly symbolizes the unresolved tension between the two Koreas. That tension came crashing into plain view in the recent standoff between North and South Korea.  In early August, landmines along the DMZ suspected to be recently planted by North Korea injured two South Korean…

By Troy Stangarone On September 1 new trade figures for the month of August indicated that South Korea’s exports had dropped 14.7% year-on-year continuing a trend since January that has seen year-on-year monthly declines. Exports play significant role in the South Korean economy and have a value that is roughly half of South Korea’s GDP.…