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.…

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…

In the brutal contest for streaming views, “Squid Game” has outplayed its competitors to become Netflix’s biggest hit. Beyond its own success, however, the dystopian drama also epitomizes what has become a mutually beneficial partnership between the streaming giant and South Korea’s creative industry. As KEI’s Troy Stangarone underscores, the show is an example of Netflix’s strategy…

What Happened The Seoul Metropolitan Office of Education recently announced that schools in the city will be adopting electronic boards by 2024 to accommodate more digital hardware in classrooms. Teachers, however, pushed back against this proposal, arguing that they have not properly considered the practical application of these tools. Meanwhile, the Korean government has been…

What Happened The U.S. government asked semiconductor manufacturers to voluntarily share their client list, inventory status, and other confidential information. This includes South Korean firms like Samsung and SK Hynix. South Korea is concerned that the request would reveal these firms’ trade secrets to rivals. Implications: South Korea approaches commercial engagement with trade partners with the assumption that their policymakers will look at…

Following its success in containing the early waves of the COVID-19 pandemic, South Korea hoped to be recognized as a global health leader. But a recent survey conducted by KEI and YouGov suggests that fewer Americans see South Korea as an ideal partner in global health challenges than they did in 2020 (52% in 2020 vs. 43…