1983 Posts located
Why is South Korea pilot-testing its Central Bank Digital Currency (CBDC), and what made it shift from non-issuance to consideration? This paper investigates the Bank of Korea (BOK)’s CBDC-related developments…
How is the increasing spread of artificial intelligence (AI) likely to shape the cyber capabilities of the Democratic People’s Republic of Korea (DPRK; North Korea) in the coming years? Over…
In this new article of KEI’s Korea’s Economy, Dr. Bark Taeho (President of the Global Commerce Institute of Lee & Ko and Former Minister for Trade) notes that Korea has faced…
The COVID-19 pandemic caught almost all countries unprepared. Some countries, including South Korea (hereafter Korea), managed to deal with the pandemic relatively more successfully than others and had a proactive…
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 summit between President Joe Biden and President Moon Jae-in on May 21 was a resounding success. Substantively and symbolically they reaffirmed the important strategic and economic relationship between Seoul and Washington. But at the same time, they carefully avoided the differences between the two on how to proceed in dealing with North Korea, particularly…
Despite the completion of the internal policy review and a successful summit, newly-appointed North Korea envoy Sung Kim faces many of the same constraints that have long plagued U.S. North Korea policy. The Biden administration has rightly acknowledged that any engagement implies “a calibrated, practical approach.” But there are simply not that many policy levers…
What Happened On April 1, Minjok Sarangbang, a small South Korean publishing company, printed copies of Kim Il Sung’s 1992 memoir, With the Century without the required government approval. The Ministry of Unification is investigating the situation, and South Korean retailers pulled the books from their shelves. Multiple conservative civic groups filed an injunction to prevent the sale of Kim’s memoir claiming it could endanger…
What Happened In March, the Biden administration encouraged Seoul to increase trilateral cooperation with the U.S. and Japan. Biden’s first face-to-face meeting with an international leader occurred in April when Japanese Prime Minister Suga arrived in Washington. The U.S. president’s second in-person meeting with a world leader was with South Korean President Moon Jae-in on May 21. Implications: The White House…