Asia

In recent years, North Korea has faced economic shocks from UN sanctions and the pandemic. As Dr. Jongkyu Lee (Senior Fellow at the Korea Development Institute) writes in his new…

Following a record number of North Korean missile launches, as well as tests by South Korea, assertions have been widely and uncritically made that Seoul is participating in an inter-Korean…

Although the Korean Peninsula has been divided for over 70 years, North and South have not been able to make lasting progress in terms of reconciliation. While there are multiple…

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…

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…

A curious feature of advanced industrial states is anxiety about the future of democracy, not only abroad but at home as well. These worries—encapsulated in the concept of backsliding--have been particularly evident in the United States following the challenges posed by the Trump administration. The bruising fight over Brexit in Britain and the rise of…

Korea is expected to apply later this year for membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a trade agreement between eleven states in the Indo-Pacific. One signatory of the agreement is Japan, raising fears that bilateral tensions may encourage Tokyo to oppose Seoul's bid. But noting their shared membership in another…

The AUKUS trilateral security partnership among Australia, the United Kingdom and the United States has been received with much international attention, as well as concern. Under the pact, Australia has been formally granted capacity as a third country to acquire nuclear-powered submarines—the first of such case since the 1958 Mutual Defense Agreement between the US…

During the COVID-19 pandemic, South Korea’s entertainment industry pioneered a new era of virtual concerts. K-pop bands live-streamed their performances, often adding features like augmented reality to provide audiences at home with new experiences. This also complemented the broader push in the industry to become more technologically savvy, including the adoption of virtual avatar idols and strategic partnerships with…