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 Sarah K. Yun June 17, 2012 marks the six month anniversary of Kim Jong-un’s leadership in North Korea.  Some analysts predicted that the new Kim regime was unlikely to survive the first six months, but it has been surprisingly smooth sailing despite several major challenges.  The past half year can be seen as part…

By Sarah K. Yun Relations between China and North Korea have not always been monolithic.  The relationship has been tested and evolved in recent years with the 2006 missile launch and nuclear test, a 2009 missile launch which was also followed by the second nuclear test, and the recent missile launch in April 2012.  Additionally,…

By Chad 0'Carroll As South Korea evaluates a range of advanced fighter jets in preparation for an October decision on upgrading part of its air force, North Korean air force commanders are likely getting increasingly worried about their capacity to defend the skies of the DPRK. Although Pyongyang has long possessed a much larger air…

By Chad 0'Carroll As the economic crisis continues to lead governments into austerity programs worldwide, South Korea is preparing to sign off on defense contracts totaling over $12 billion this year.  The biggest allocation of the budget is being reserved for the purchases of some $7.2 billion worth of next generation fighter jets, representing the…