Asia

Suddenly and unexpectedly, after several decades as Asia’s backwater and basket case of international development, Myanmar was thrust to the center stage of international attention in 2011. The country’s political…

This paper examines the short-run and long-run relation between volatility in the real effective exchange rate and stock returns in the Republic of Korea. A trivariate vector autoregressive model is…

Among the most important issues that will confront the new Trump administration is how to deal with North Korea. Before Mr. Trump leaves office, North Korea may achieve the capability…

In 2013, two countries in East Asia launched their respective visions for an East-meets-West integrated region: China pronounced one of the most ambitious foreign economic strategies in modern times by…

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 Sarah K. Yun  On November 8, China will begin its once-in-a-decade leadership transition at the 18th Party Congress. The current vice president Xi Jinping is expected to be named the general secretary and de facto leader of the country, while Li Keqiang is set to become prime minister, largely overseeing economic policies.  Xi is…

In this week's Asan Institute for Policy Studies public opinion poll Ahn Cheol-soo and Moon Jae-in remain deadlocked in the race for the race to be the progressive standard bearer in the December presidential election. Ahn and Park Geun-hye also remain neck and neck in a hypothetical two way race, with Park leading a three…

By Luke Herman As the Kim Jong Un regime completes its eighth month in power following Kim Jong Il’s death in December 2011, there seem to be a number of differences between how this succession is being carried out with how it was carried out in 1994. For one thing, it has proceeded at a…

By Clare Hubbard The 2012 Heritage Foundation/ Wall Street Journal Index of Economic Freedom ranks North Korea last, after Cuba and Zimbabwe, with an economic freedom score of 1.  However, in the mid-1990s famine when women and men had to focus on securing food by generating income and bartering for staples and foodstuffs, small-scale markets…