Asia

Korea’s regulatory environment is often cited as being one of the most difficult aspects of doing business in Korea. Among the various regulations that foreign invested companies and foreign investors…

Well-functioning capital markets should encourage private saving and investment by channeling surplus funds to reach their most productive uses. In the process, well-functioning capital markets create a diverse menu of…

During the 1972 U.S. presidential campaign, “Deep Throat,” later revealed to be Associate Director Mark Felt of the FBI, counseled Washington Post journalists Bob Woodward and Carl Bernstein to “follow…

After the Asian financial crisis of 1997, the Korean government geared up to carry out financial restructuring. As a result, the number of domestic financial institutions stood at almost half…

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 Nicholas Hamisevicz There was an interesting contrast last week on the Korean peninsula as South Koreans went to the polls to democratically elect members for its National Assembly; conversely, North Korea had two meetings to put into place its new leadership structure. Unlike in South Korea where the results were difficult to predict, in…

By Troy Stangarone When members of the 19th National Assembly take their seats in Seoul a defector from North Korea will join them for the first time. As a candidate on the New Frontier Party’s proportional representation list, Cho Myung-chul became the first defector to win a seat in the National Assembly. Cho defected to…

By Luke Herman North Korea recently held a series of meetings to formalize leadership positions in the new regime. Kim Jong-il was named the Eternal Secretary General, while Kim Jong-un became the party’s First Secretary. Here is an updated Workers Party of Korea leadership chart.    

By Jack Pritchard There was a plausible scenario ready to work itself out with a successful launch of a missile by North Korea.  The Security Council would meet and issue a stern presidential statement condemning Pyongyang.  North Korea would push back rhetorically, claiming its sovereign right to space exploration while Beijing would send a high…