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…

What Happened Following a highly publicized bribery conviction, Samsung Electronics Vice Chairman Lee Jae-yong was released from prison on parole. This ruling follows the acquittal of two executives at SK Chemical and Aekyung Industrial Co despite the sale of harmful products. In addition to these companies playing an essential role in maintaining a trade surplus, many average Koreans are…

What Happened Late last month, the two Koreas restored communications lines 13 months after Pyongyang cut off all communication lines to Seoul. North Korean leader Kim Jong-un’s sister Kim Yo-Jong warned that conducting an annual summertime U.S.-ROK joint military exercise would hamper efforts to rebuild trust between the two Koreas. Despite the warning, South Korea decided to continue the military exercise…

With the help of social media and internationally popular Korean shows, global interest in Korean skincare and makeup products (collectively referred to as K-beauty) has increased exponentially in the past decade. Today, K-beauty products are readily available to American customers at chain stores like CVS and Sephora. This market transition was not coincidental: it was strongly supported…

On July 27, the Korea Central News Agency (KCNA) announced that “the top leaders of the north and the south agreed to make a big stride in recovering the mutual trust and promoting reconciliation by restoring the cutoff inter-Korean communication liaison lines through the recent several exchanges of personal letters.”  The hotline was restored at…