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…

A few months ago, the New York Times reported that North Korea’s ruler, Kim Jong-un, had called K-pop a ‘vicious cancer.’ Rather than see this pronouncement as an exceptional step taken by a totalitarian regime, one can think of this as yet another expression of an ongoing struggle to control information entering North Korea. In…

In a previous issue of Korea View, KEI called attention to the growing popularity of cultural products in South Korea that explore difficult societal issues. In addition to the movie Parasite, recent examples of this trend include the TV show Taxi Driver (모범택시; not to be confused with the 2017 movie) which focuses on a group of…

What Happened New e-commerce start-ups are growing fast in areas such as fashion, online payments, ride-hailing, delivery, and biotechnology. In 2020, South Korea’s e-commerce market ranked 5th worldwide. Sales are expected to grow 9% to $120.56 billion in 2021. South Korea has 10 startup companies valued at over $1 billion making it the third-largest hub for such firms in the…

What Happened Last week, the Justice Ministry announced a revision to a law that would allow singles to adopt children. This plan was announced in light of new census data, which shows nearly a third of households in Korea are single-person households. The new adoption bill comes after the Ministry of Gender Equality and Family passed new regulations that allow children…