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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.…
After two years of sluggish growth, the Korean economy is now recovering. Economic activity began to revive in the early part of 2005 and accelerated throughout the year, reaching an…
Despite being industrial powerhouses, Korea and Japan are both resource-poor nations with limited domestic sources of energy. Powering their economies required both to develop supply chains for fossil fuels, nuclear…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
By Ingyeong Park Since the outbreak of the COVID-19, medical staff are contributing creative ideas in overcoming the pandemic. Drive-thru, and walk-thru screening centers for COVID-19 are prime examples. What is a Drive-Thru screening center for COVID-19 Drive-thru screening centers, which help patients by testing them for the COVID-19 by using their vehicles in the…
By Ingyeong Park In the midst of a global pandemic, South Korea is set to hold a general election today. This a major undertaking as South Korea attempts to thread the needle between ensuring suffrage to all eligible voters (including people who may be infected with COVID-19) and keeping uninfected voters safe from exposure. Measures…
By Soo Jin Hwang Last year, South Korea adopted a new mixed-member proportional representation (PR) system. The revision aimed to improve representation by making it easier for previously underrepresented political parties to win a larger share of seats in the National Assembly. Simultaneously, it was a politically advantageous move for the ruling Democratic Party (DP),…
This briefing comes from Korea View, a weekly newsletter published by the Korea Economic Institute. Korea View aims to cover developments that reveal trends on the Korean Peninsula but receive little attention in the United States. If you would like to sign up, please find the online form here. What Happened As the central government shares data on COVID-19…