1997 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…
When Kim Jong-il died in 2011, the world held its breath as North Korea entered uncharted waters. No other communist dictatorship in the last century – for that matter no…
On June 25, 1950, North Korea launched a surprise invasion of South Korea and started a war that is still technically ongoing. But it was – as North Korea’s Kim…
The North Korean economy is changing – we know this because of widely reported growth of private markets since the famine of 1990s. But black markets and illicit activities are…
In May, The Korean-born Los Angeles Dodgers’ pitcher Ryu Hyun-jin was named The National League Pitcher of the Month. When you think of Asians and baseball, you might think first…
South Korea’s political vacuum has been filled by a politician with a mandate to lead but who faces innumerable simultaneous and overlapping domestic and international challenges. Democratic Party candidate Lee Jae-myung won South Korea’s snap election on June 3, 2025, in a race that was never seriously in doubt. Buoyed by a sizable majority in…
On May 20, 2025, the UN General Assembly held its first-ever “high-level session” devoted to the human rights abuses of North Korea. This latest action ups the ante in calling for reform of North Korea’s abysmal human rights record. Every year since 2004, the General Assembly has adopted resolutions criticizing North Korea and calling for…
South Korea’s Nextrade exchange—the country’s first alternative trading system to the long-dominant Korea Exchange (KRX)—debuted in March 2025. Nextrade extends trading hours, introduces lower transaction fees and increases product variation within capital markets. The persistent undervaluation of South Korean stocks compared to their Asia-Pacific counterparts is a phenomenon known as the ‘Korea discount’. By increasing…
On May 29, 2025, in what will likely be his last public speech as a government official, South Korean Foreign Minister Cho Tae-yul reviewed the accomplishments of and challenges faced by the Yoon Suk Yeol administration. Cho noted the challenges of navigating deepening international conflict and geopolitical rivalry. In addition, as a cabinet member in…