Asia

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…

Although it is happening more rapidly in South Korea, an aging society is a common feature in post-industrial societies around the world. With the number of retirees growing and the…

In March, Seoul suffered from the worst air pollution on record. Enough that the South Korean government has officially designated the problem as a "social disaster." But what is causing…

Over the past few years, Korea and Koreans have experienced incredible political, social, and diplomatic shifts. It is hard keeping up with all these new developments as a Korea Watcher,…

Even before the meeting between President Trump and Kim Jong-un in Hanoi, foreign policy practitioners and observers were talking about the difficulties of sequencing international sanctions relief for North Korea…

This is the second piece in a series looking at how the issues identified in KEI’s annual “10 Issues to Watch for on the Korean Peninsula” series and other issues of note developed in 2022. The original “10 Issues” piece can be found here. As we enter the new year, Korea-Japan relations seemed poised for a…

This is the first piece in a series looking at how the issues identified in KEI’s annual “10 Issues to Watch for on the Korean Peninsula” series and other issues of note developed in 2022. The original “10 Issues” piece can be found here. Even before the pandemic little information was provided by the North Korean…

Since the mid-2000s, successive U.S. and South Korean administrations have touted the transformation of the ROK-U.S. alliance. They often highlight how a once asymmetric, Cold War alliance, rooted in strong military and security ties and shared sacrifice during the Korean War, has grown to encompass shared democratic and free-market values. In effect, U.S. and ROK…

Of the approximately 70 missiles tested by Pyongyang this year, Chairman Kim Jong Un celebrated the November 18 test of the Hwasong 17 intercontinental ballistic missile as the "completion of the world’s strongest strategic weapon." In remarks carried by the Rodong Sinmun on November 27, he also said that the test underlined "our daily-growing military…