Asia

Why is South Korea pilot-testing its Central Bank Digital Currency (CBDC), and what made it shift from non-issuance to consideration? This paper investigates the Bank of Korea (BOK)’s CBDC-related developments…

How is the increasing spread of artificial intelligence (AI) likely to shape the cyber capabilities of the Democratic People’s Republic of Korea (DPRK; North Korea) in the coming years? Over…

In this new article of KEI’s Korea’s Economy,  Dr. Bark Taeho (President of the Global Commerce Institute of Lee & Ko and Former Minister for Trade) notes that Korea has faced…

The COVID-19 pandemic caught almost all countries unprepared. Some countries, including South Korea (hereafter Korea), managed to deal with the pandemic relatively more successfully than others and had a proactive…

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 Jenna Gibson For South Korean children, studying abroad and mastering English used to be the key to success, prompting waves of students to head overseas for their diplomas. Now, South Korea is the third largest source of international students studying in the United States, behind only China and India. But this trend may be…

By Phil Eskeland Commentators on both sides of the political spectrum have used North Korea and Iran interchangeably to buttress their position on the negotiations to corral Iran’s nuclear weapons ambition.  Some argue that the Iran deal will not work just like the 1994 nuclear deal with North Korea.  Others argue that the Iranian deal…

By Mark Tokola Short conversations about North Korea generally end with similar conclusions: it is too soon to tell whether Kim Jong-un has successfully entrenched himself; the North Korean economy whether by design or necessity has introduced some market elements; China is growing impatient with North Korea’s unpredictability and belligerency; and Kim Jung-un’s regime is…

By Mark Tokola People who have worked on policy towards North Korea for some time often remark that nothing really changes: the DPRK’s weapons programs progress, gross human rights violations continue, bad crop years are met with international appeals for food assistance, acts of aggression against South Korea occur periodically, and North Korean propaganda threatens…