Asia

In the aftermath of the Global Financial Crisis, the multilayered international financial governance regime has been strengthened. In East Asia, this regime includes an ASEAN+3 regional layer designed to complement…

Dear Readers, With the 31st edition of Korea’s Economy, we have turned our focus to Northeast Asia where China and Japan represent two of South Korea’s most important trading partners.…

The ROK-Japan relationship seemingly found a floor after the downward spiral that marked the end of the Lee Myung-Bak presidency and the first three years of President Park Geun-hye. Seoul…

This report conducts an analysis of the corporate bond market in Korea and the changes in interest rates and term structure since the 1997 Asian financial crisis. The potential risks…

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 Troy Stangarone In the aftermath of Pyongyang’s third nuclear test the official Chinese news agency, Xinhua, issued a story on the needs to address the root causes of North Korea’s nuclear concerns. According to the story in Xinhua: "At a superficial level, it was Pyongyang that has repeatedly breached UN resolutions and used its…

By Chad O’Carroll With North Korea’s recent satellite launch highlighting the progressing state of Pyongyang’s long-range rocket capabilities and prospects of a third nuclear weapons test likely to show further advancements in that area, it is easy to forget about the DPRK’s conventional weapons technology. While the North Korean rocket and nuclear programs no doubt…

By Jeffrey Robertson When the Lee Myung-Bak administration took office in February 2008, the public’s mood shifted quickly. By the end of June 2008, people were on the streets in protest, including more than 80,000 in a single night’s candlelight vigil; the entire cabinet had offered its resignation; and Lee Myung-Bak’s approval ratings had fallen…

By Troy Stangarone In recent years, South Korea has been in a space race of sorts with North Korea, in which it risked falling behind after the recent successful North Korean launch on December 12. With the successful launching of the Korea Space Launch Vehicle-1 (KSLV-1), South Korea has joined an elite group of thirteen…