Asia

Along with commercial banks, capital markets are an integral part of the financial systems in most capitalist economies, and their relative importance is constantly increasing. Countries around the world are…

Central banks have two responsibilities: (1) stabilize the value of the currency and (2) maintain public confidence in deposit money by limiting systemic risk. The first responsibility is primary, ongoing,…

In the unfolding process of the Korean financial crisis in 1997, an inefficient corporate bankruptcy system played a damaging role in the Korean economy. Before the crisis, in 1996 and…

Although Korea has seen its economic growth rates come down from the stratospheric heights of previous decades, it remains, by any advanced-country yardstick, a successful economic performer. Korea’s real GDP…

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…

In a recent report by Radio Free Asia, sources in Sinuiju, near the Chinese border, say residents have been told to expect food shortages until 2025. “Some of the residents are saying that the situation right now is so serious they don’t know if they can even survive the coming winter,” said the source, according…

Why are Korean cultural products going global when many other countries around the world also have a robust and dynamic domestic TV, music, and cinema scene? Some observers point to the Korean government’s direct support as the differentiating variable. But Sciences Po Paris lecturer Jimmyn Parc argues in a recent paper for KEI that the…

What Happened The Ministry of Gender Equality and Family announced that it will begin a pilot service that allows people to search where sex offenders live using the map app provided by Korea’s largest online platform Naver. The service was created because the current system is updated less frequently than the Naver map. This follows a wave…

What Happened South Korea plans to deliver more than 1 million doses of COVID-19 vaccines to Vietnam, representing Seoul’s first direct vaccine commitment to a foreign nation. South Korean venture firms continue to expand in Southeast Asia with the government promising support for their outreach to ASEAN countries. South Korean President Moon Jae-in will participate in a series of ASEAN summits…