Asia

The paper reviews some of the key aspects leading to Korea’s remarkably successful economic transformation, including its consistent and aggressive pursuit of export-led growth, its investments in basic services and…

Korea’s economic development is often cited as a model for other developing nations. One of about 60 countries whose per capita income was less than $300 in the 1960s, only…

Korea has shaken off some of the impacts brought by the Sewol ferry disaster, but its overall pace of growth is still very weak. The Korean economy is forecast to…

The Korean economy has faced several crises, such as the ending of the rapid economic growth era in the 21st century, continued stagnation of per capita GDP growth since 2007…

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 Elizabeth Hervey Stephen In a recent piece in the Asia Sentinel, which was re-posted in The Irrawaddy, Philip Bowring correctly noted that South Korea is facing a population crisis with sustained low fertility in the range of 1.2 children per woman.  As one solution to the birth dearth, he proposes looking toward reunification with North…

By Nicholas Hamisevicz The past few weeks have not been a good for India’s relations with the Korean peninsula as it recently went through a minor diplomatic rough patch with both North and South Korea. Though relatively undamaging, these situations indicated some of the difficulties in dealing with India. For South Korea, its embassy in…

By Chad 0'Carroll Last week we published the first part of an extensive interview by KEI’s Chad 0'Carroll with Dr. Andrei Lankov of Kookmin University on the prospects for economic reform in North Korea. In the second part of the interview Chad discusses with Dr. Lankov what the U.S. can do to encourage reform in…

KEI’s Chad 0'Carroll recently interviewed Dr. Andrei Lankov of Kookmin University on the prospects for economic reform in North Korea and reunification. Dr. Lankov is scholar of Asia and a specialist in North Korea. Part 1 of the interview focuses on the likelihood that the new regime in Pyongyang will undertake economic reforms. Part 2,…