Asia

Well-functioning capital markets should encourage private saving and investment by channeling surplus funds to reach their most productive uses. In the process, well-functioning capital markets create a diverse menu of…

During the 1972 U.S. presidential campaign, “Deep Throat,” later revealed to be Associate Director Mark Felt of the FBI, counseled Washington Post journalists Bob Woodward and Carl Bernstein to “follow…

After the Asian financial crisis of 1997, the Korean government geared up to carry out financial restructuring. As a result, the number of domestic financial institutions stood at almost half…

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…

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…

The meeting between South Korean President Yoon Suk-yeol and Japanese Prime Minister Fumio Kishida on September 21 was notable mainly for the fact that it took place. It was a brief exchange – some 30 minutes – taking place on the sidelines of the United Nations General Assembly meeting in New York. The two governments…

Since the inauguration of Yoon Suk Yeol as President of South Korea four months ago, a shift in policy on North Korean human rights has been increasingly obvious.  During the previous five years of the Moon Jae-in presidency, effort and energy was focused on seeking ways to engage with North Korea.  Little progress in North-South…

South Korea’s bid to host the 2030 World Expo in Busan is part of the national agenda. In its efforts to win the expo, Seoul is looking to leverage its strengths, including its business networks and naming BTS as official ambassadors, to make up ground in what may be a long shot bid against the…

At the end of July, the Yoon government announced its intention to relax South Korea’s prohibition on North Korea media. In a statement published on 22 July, the Unification Ministry said it would work to "restore ethnic homogeneity by enhancing mutual understanding and consensus between the two Koreas through phased opening of mass media that…