Asia

Monetary and Exchange Rate Policy in Declining Centrally Planned Economies and in Early Transition Economies: Some Observations of North Korea

North Korean Economic Reform: An Uncertain Future for a Third-Way Exploration

China's Impact on the Korean Economy

In 2005, the Korean ambassador to China was excited about the completion within five years of the target trade volume of over $100 billion with China, which was set by…

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.…

What Happened Public support for strict social distancing in South Korea fell from 84% support in July to 65% in August. A survey from September showed that 73.3% of South Koreans support the start of the “With Corona” policy in November. The Korean government announced its plan to begin “With Corona” policy in the second week of November. Implications: Public opinion…

Squid Game - the first Korean show to top Netflix’s charts - follows the country’s long cinematic tradition of examining inequality and power relations. The story focuses on a group of indebted people who accept a mysterious invitation to participate in a series of children’s games for a chance to win approximately USD 40 million.…

What Happened A report from February 2021 identified differences in people’s ability to access private education as a key reason behind differing levels of academic achievement. This achievement gap appears to have accelerated during the COVID-19 pandemic due to remote learning. On August 27, the Mayor of Seoul began offering private online education to students to reduce disparities in academic…

What Happened The ruling Democratic Party’s presidential frontrunner, Lee Jae-myung, faced scrutiny over allegations that Seongnam city extended preferential treatment to a private asset management company during his mayorship. Meanwhile, newspapers broke the story that the same company provided the son of opposition lawmaker Kwak Sang-do with an unusually large severance payout of USD 4.2 million when he changed…