Asia

Korea’s economic development is often cited as a model for other developing nations. One of about 60 countries whose per capita income was less than $300 in the 1960s, only…

Korea has shaken off some of the impacts brought by the Sewol ferry disaster, but its overall pace of growth is still very weak. The Korean economy is forecast to…

The Korean economy has faced several crises, such as the ending of the rapid economic growth era in the 21st century, continued stagnation of per capita GDP growth since 2007…

After decades of rapid growth led by large, industrialized chaebol firms, Korea has reached the technology frontier in many of its largest industries and run out of room for future…

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 Mark Tokola On Wednesday, January 21, four Korean workers were crushed to death at the Geochung Shipbuilding Company in Busan when the operator’s cabin broke away from a 40-ton crane.  A police officer told the press, “It appears that they were trying to disconnect the cabin without proper safety equipment.”  The police will now…

By Andrew Haggard The casual observer may be perplexed by the recent headlines of supposed North Korean hackers effectively bringing Sony Pictures Entertainment’s computer systems to its knees.  How does one reconcile NASA photos and satellite images showing the near-entirety of the northern part of the Korean peninsula in utter darkness with the picture of…

By Mark Tokola One thing everyone knows about North Korea is that it is isolated.  Visits to the DPRK are controlled and monitored.  Few North Koreans are allowed to travel abroad and then only for specific purposes.  Because it is heavily sanctioned by the international community, international trade and investment is minimal.  North Koreans are…

By Nicholas Hamisevicz During the last week of December, India’s External Affairs Minister, Sushma Swaraj visited Korea to co-chair with her counterpart, Korean Foreign Minister Yun Byung-se, the 8th India-Korea Joint Commission meeting, while one month prior South Korean President Park Geun-hye was able to meet with Indian Prime Minister Narendra Modi for the first…