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After decades of rapid growth led by large, industrialized chaebol firms, Korea has reached the technology frontier in many of its largest industries and run out of room for future…
Korea has made fostering a “creative economy” a top priority to sustain economic development and avoid the “low-growth trap.” The goal is to shift Korea’s growth strategy from an emphasis…
Since the late 1990s, Korea has sought a FTA with its trade partners, while the EU has been pivoting to Asia since the mid-2000s in search of a FTA partner.…
Last year was a special year for Korea and Italy as it marked the 130th anniversary of the Korean-Italian diplomatic relationship. Today, Korea and Italy share similar economic features including…
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.…
At the conclusion of the 50th session of the United Nations Human Rights Council in Geneva, the President of the Council named eight individuals to human rights related positions, including Elizabeth Salmón as the “Special Rapporteur on the situation of human rights in the People’s Democratic Republic of Korea.” Salmón is a professor of international…
Newly inaugurated president Yoon Suk Yeol made his international debut at the NATO summit held in Madrid, Spain. South Korea and three other Indo-Pacific states were invited to summit ahead of publication of the alliance's new "strategic concept," that mentions China for the first time. Experts say South Korea can expand its longstanding relations with…
In the last two posts on Korea and the war in Ukraine, I showed that Moon administration moved relatively quickly to join the international sanctions regime and was rewarded by inclusion on Russia’s "unfriendly nations" list. I also argued that the costs of standing on international legal principle were softened by the fact that the…
The OECD Economic Outlook, released on June 8th, projected that real GDP growth in OECD countries would drop by half from 5.5% in 2021 to 2.7% in 2022. The new projection is a sharp reduction from its December 2021 Outlook, which projected growth of 4.5% growth this year. With inflation expected to rise from 3.7%…