Asia

China and the Republic of Korea (ROK) have experienced periods of conflict and cooperation since officially forging “partnership” relations in 1998. From a historical perspective, Korea was among the most…

South Korean views of Japan are neither uniform nor unified. Considering that national strategic identities are competing even within a single country, it is not strange at all that South…

While the sources of contention are deep and enduring, relations between Japan and South Korea have been especially troubled in the last few years. The two countries are grappling with…

American ideals coupled with the commercial self-interest of American business and industry drove the policy of engagement, and even after the 1989 massacre of student protesters at Tiananmen Square, sustained…

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…

The long 2020 is behind us and expectations for President Joe Biden could not be higher. Many constituents demand that the new U.S. administration fix not only what Mr. Trump damaged during his four years in office but also parts of society that were broken long before the 2016 election. President Biden no doubt realizes…

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…