Asia

Korea’s money market includes the call market as well as markets for monetary stabilization bonds (MSBs), negotiable certifi cates of deposit (CDs), repurchase agreements (repos), commercial paper (CP), and cover…

This article investigates the progress in corporate governance reform in Korea since 1997 as well as current corporate governance challenges. It focuses on corporate governance issues and, as such, does…

According to a preliminary estimate by the Bank of Korea on 4 January 2008, Korea’s per capita gross domestic product (GDP) and per capita gross national income (GNI), which adjusts…

The year 2007 displayed remarkable progress in Korea-U.S. economic relations on many different levels. At the global level, our two countries have worked closely together to meet international challenges. For…

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…

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…

On August 31, 2021, South Korea’s National Assembly approved the amendments to the Telecommunications Business Act (전기통신사업법), which essentially imposes new restrictions and mechanisms of greater regulatory scrutiny over the operators of app markets (e.g., Apple’s ‘AppStore’ or Google’s ‘Play Store’). Hailed as the first successfully implemented measure against the giants operating global app markets,…