Asia

Contents of this Section: Korea’s Economic Prospects and Challenges Thomas Rumbaugh – Division Chief for the Asia and Pacific Department of the International Monetary Fund The Political Economy of South…

Contents of this Section: Korea’s Trade Structure and its Policy Challenges Lee Junkyu – Senior International Economic Adviser, Ministry of Strategy and Finance, Republic of Korea Impacts and Main Issues…

Contents of this Section: The Secret Success of U.S. Aid to South Korea Andrew S. Natsios – Executive Professor at the George H.W. Bush School of Government and Public Service…

Contents of this Section Financial Integration in Asia: Development and Korea’s Role Park Young-Joon – Assistant Professor of Economics, College of Social Sciences at Ajou University Korea and Economic Integration…

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…

This essay was part of a contest jointly organized by the George Washington University Institute for Korean Studies and the Institute for Korean Studies at Indiana University Bloomington. The contest invited students to analyze a South Korean policy challenge and propose evidence-based solutions, with winning entries published in the Korea Economic Institute of America’s flagship…

This essay was part of a contest jointly organized by the George Washington University Institute for Korean Studies and the Institute for Korean Studies at Indiana University Bloomington. The contest invited students to analyze a South Korean policy challenge and propose evidence-based solutions. The winning entries are published on KEI’s blog. South Korea’s healthcare system,…

South Korean President Yoon Suk Yeol called to congratulate Donald Trump shortly after the US presidential election, telling the president-elect that the first Trump administration had set the foundation for US-Korea-Japan trilateral cooperation. Yoon later told the press he expected cooperation “would proceed well even during the [second] Trump administration.” Although some of the personnel…

The debate over sovereign artificial intelligence (AI) highlights the need and desire for nations to develop their own AI systems, including large language models (LLMs), tailored to their unique cultural and historical contexts. This idea has gained traction in Seoul, where US LLMs like ChatGPT have often fallen short in addressing questions that require a…