Asia

Defense industrial cooperation between the United States and South Korea is deeply rooted in the bilateral security alliance and has evolved over time. The United States has prioritized allied cooperation…

On September 15, 2021, Australia, the United Kingdom, and the United States announced the formation of AUKUS, a trilateral security partnership intended to support Australia’s acquisition of nuclear-powered submarines. A…

KEI’s 2024 Report on American Attitudes Toward the Korean Peninsula summarizes results from a survey commissioned by KEI and conducted by YouGov from September 3rd to September 10th, 2024. The…

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 On June 1, the Ministry of Justice announced a revision to the Nationality Act that will make it easier for the children of permanent residents to receive South Korean citizenship. The new policy sparked a backlash from those who believe the policy favors Chinese residents living in South Korea, as 95% of those who would benefit from…

What Happened Lee Jun Seok is emerging as the leading candidate in the race for the chairmanship of the main opposition party. Lee has been openly critical of the Moon Jae-in administration’s efforts to have a gender quota in his cabinet appointments. The ruling Democratic Party’s candidates were soundly defeated in recent mayoral elections in Seoul and Busan, largely…

Korea’s real GDP grew 6.6% (seasonally-adjusted annual rate) in the first quarter of 2021, bringing it back to its pre-pandemic peak level (Figure 1). The May OECD Economic Outlook projects that it will increase 3.8% in 2021, significantly faster than its March outlook of 3.3%. The new projection is consistent with forecasts by the Bank…

What Happened On May 13, the South Korean government announced it will provide tax incentives and subsidies to encourage growth and investment in the domestic chip market. On May 25, the government announced additional plans to provide financial incentives and support to domestic makers of automotive chips and other key car components. The government also sent requests to foreign automotive chip…