Asia

The tax burden in Korea—at 26 percent of gross domestic product (GDP) —was well below the average of the member countries of the Organization for Economic Cooperation and Development (OECD)…

There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news reverberated through the Korean financial…

Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States…

The twenty-first century has already been dubbed the Asian century. Although this nomination may be premature, it is certain that its fi rst decade belongs to Asia. This is reflected…

Strategically located at the crossroads of Central Asia, China, and Russia, Mongolia has long attracted the attention of regional powers – including the Koreas. How is this traditionally-nomadic, but resource-rich,…

Though hesitant to officially join the U.S. Indo-Pacific Strategy, South Korea is seeking to promote many of the same values through the Moon administration’s “New Southern Policy.” Central to this…

The U.S. Peace Corps was active in South Korea between 1961 and 1981. One of the many volunteers who served in South Korea was KEI president and CEO Kathleen Stephens.…

This month, the world was reminded once again that the relationship between the Republic of Korea and Japan is deeply fractious. Japan has imposed restrictions on the export of chemical…

By Mark Tokola On June 17th, the Institute for Economics and Peace released its 2015 edition of the “Global Peace Index.”  This annual publication began in 2008, which makes it useful for tracking both global trends and individual country’s performances.  The headlines of the 2015 report are: (1) the averaged level of violence across the…

By Mark Tokola When discussing what to do about North Korea, it is often suggested that China should do more to pressure North Korea to suspend its nuclear weapons program, stop military provocations, create a more constructive relationship with South Korea, and improve the lives of North Koreans.  Chinese representatives usually say this is exactly…

By Nicholas Hamisevicz Once again, a month of positive movements but also negative setbacks that keep near term inter-Korean relations uncertain. Many of the inter-Korean related activities that took place in May involved Kaesong in some way. Even with a few interactions, discouraging rhetoric still hurts the possibilities for future possibilities. Inter-Korean connections have been…

By Nicholas Hamisevicz Indian Prime Minister Narendra Modi’s trip to Korea last week marks the fourth time in the last six years where either the Prime Minister of India has visited Korea or the President of Korea has traveled to India. These recent visits have helped create a solid structure and format for steadily increasing…