1927 Posts located
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…
This past year—2007—was another solid one for Korea’s economy. Buoyed by continued strong exports and a pickup in domestic demand, real GDP is estimated to have grown by nearly 5…
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…
Korea is expected to apply later this year for membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a trade agreement between eleven states in the Indo-Pacific. One signatory of the agreement is Japan, raising fears that bilateral tensions may encourage Tokyo to oppose Seoul's bid. But noting their shared membership in another…
The AUKUS trilateral security partnership among Australia, the United Kingdom and the United States has been received with much international attention, as well as concern. Under the pact, Australia has been formally granted capacity as a third country to acquire nuclear-powered submarines—the first of such case since the 1958 Mutual Defense Agreement between the US…
During the COVID-19 pandemic, South Korea’s entertainment industry pioneered a new era of virtual concerts. K-pop bands live-streamed their performances, often adding features like augmented reality to provide audiences at home with new experiences. This also complemented the broader push in the industry to become more technologically savvy, including the adoption of virtual avatar idols and strategic partnerships with…
This is the tenth in a 10 part series looking at how the issues identified in KEI’s annual “10 Issues to Watch for on the Korean Peninsula” series developed in 2021. The original “10 Issues” piece can be found here. In recent years, South Korea has taken steps to reduce greenhouse gas emissions, including a pledge…