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During the two-year period since the outbreak in August 2007 of the U.S. subprime crisis, Korea has felt its severe effects: Korea’s economy contracted sharply and experienced a liquidity crisis.…
There is certainly a place for regionalism in Northeast Asia.1 It already exists in various amorphous ways, but regional identity is relatively weak in Northeast Asia, and for this and…
The rise of China means that the regional (not global) power structure is shifting from unipolarity to bipolarity. Whether this is a positive or negative development depends on a particular…
The dramatic events of recent months—and, above all, North Korea’s second nuclear test and long-range missile launch—demonstrated once again that the Barack Obama administration and the international community at large…
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 popular online joke last week went something like this: “The leaders of South Korea and Moon Jae-in came to New York.” While the band’s global popularity is unmistakable, the fact that members of a Korean pop band were on the floor of the United Nations addressing world leaders remains no less surprising. The band was reprising its…
North Korea’s real GDP fell by 4.5% in 2020, according to the estimate announced by the Bank of Korea (BoK) at the end of July (Figure 1). It was the steepest decline since 1997 during the “Arduous March,” when North Korea was hit by famine. The downturn last year was caused in part by measures to contain…
What Happened On September 16, the National Police Agency announced that they are planning to release a new public safety strategy by October 2021. This strategy includes launching a task force to study the use of robots for street patrol. The military has also stated that it wants to incorporate “moving robots” and an artificial intelligence (AI) surveillance system…
History, politics, and geopolitics are ever-present in Northeast Asia - and they are increasingly part of the media landscape. The controversy surrounding the Chinese war movie “The Sacrifice” is only the most recent reminder. Produced to commemorate the anniversary of Beijing’s unofficial entry into the Korean War, the film depicts the last large-scale Chinese offensive…