Asia

Along with commercial banks, capital markets are an integral part of the financial systems in most capitalist economies, and their relative importance is constantly increasing. Countries around the world are…

Central banks have two responsibilities: (1) stabilize the value of the currency and (2) maintain public confidence in deposit money by limiting systemic risk. The first responsibility is primary, ongoing,…

In the unfolding process of the Korean financial crisis in 1997, an inefficient corporate bankruptcy system played a damaging role in the Korean economy. Before the crisis, in 1996 and…

Although Korea has seen its economic growth rates come down from the stratospheric heights of previous decades, it remains, by any advanced-country yardstick, a successful economic performer. Korea’s real GDP…

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.…

Since the inauguration of Yoon Suk Yeol as President of South Korea four months ago, a shift in policy on North Korean human rights has been increasingly obvious.  During the previous five years of the Moon Jae-in presidency, effort and energy was focused on seeking ways to engage with North Korea.  Little progress in North-South…

South Korea’s bid to host the 2030 World Expo in Busan is part of the national agenda. In its efforts to win the expo, Seoul is looking to leverage its strengths, including its business networks and naming BTS as official ambassadors, to make up ground in what may be a long shot bid against the…

At the end of July, the Yoon government announced its intention to relax South Korea’s prohibition on North Korea media. In a statement published on 22 July, the Unification Ministry said it would work to "restore ethnic homogeneity by enhancing mutual understanding and consensus between the two Koreas through phased opening of mass media that…

As young South Koreans navigate an increasingly competitive education system and job market, a growing industry has presented a new opportunity: esports. No longer only viewed as a pastime or casual hobby, video games have opened a field for many to develop their skills and even attain superstar status. Esports is valued globally at $1.38…