Asia

Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…

Korea is in the midst of the most rapid demographic transition of any member country of the Organization for Economic Cooperation and Development (OECD); the share of Korea’s population older…

There are few areas about which there is a greater range of opinions among international monetary experts than the issue of exchange rate regimes. Eminent economists can be found who…

In 2005, the Korean government implemented a number of new financial policies. Of those, two policy measures deserve special attention because of their potentially significant impact on domestic financial markets.…

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…

South Korea has faced political paralysis since President Yoon Suk Yeol’s December 3, 2024, declaration of martial law, the rapid reversal of that decision by the National Assembly, and the ensuing crisis. The Constitutional Court will decide on April 4, 2025, at 11:00 a.m. KST whether to uphold the Assembly’s decision to impeach President Yoon.…

The digital trade landscape in South Korea offers significant opportunities for U.S. companies, but it also presents a range of challenges. As one of the most technologically advanced countries in the world, South Korea is a lucrative market for digital trade. However, U.S. companies eager to tap into this potential face various challenges, including regulatory…

For decades, U.S. foreign assistance has played a pivotal role in advancing U.S. interests, strengthening alliances, and promoting stability in key regions of the world. Nowhere has this been more evident than in Asia, where U.S. development cooperation with South Korea—itself a model for the benefits of U.S. foreign assistance—has been a vital tool for…

South Korea’s Nationally Determined Contribution (NDC) under the Paris Agreement sets a target of reducing its greenhouse gas (GHG) emissions by 40 percent by 2030 (relative to their peak in 2018). Korea also aims to achieve carbon neutrality by 2050 (Figure 1, Panel A). The targets are ambitious, as Korea was the world’s thirteenth-largest GHG…