Asia

The tax burden in Korea—at 26 percent of gross domestic product (GDP) —was well below the average of the member countries of the Organization for Economic Cooperation and Development (OECD)…

There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news reverberated through the Korean financial…

Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States…

The twenty-first century has already been dubbed the Asian century. Although this nomination may be premature, it is certain that its fi rst decade belongs to Asia. This is reflected…

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.…

In the last two posts, we have provided data on the share of military personnel in the Politburo and analyzed in more detail the diversity of military backgrounds, some tied to the weapons program, but others linked more clearly to the military-industrial complex, technology and internal security. Here, we consider several intepretations of these developments,…

South Korea’s dominant position in the global market for auto manufacturing and chip fabrication are well known. Less well-known is the country’s increasingly expanding gaming industry. In 2019, South Korea’s gaming industry brought in USD 6.9 billion from abroad - approximately 10 times that of the country’s vaunted pop music industry. Now, Korea’s gaming companies are looking…

In a previous post, we provided data on the shifting composition of the Politburo, based on a classification of personnel into six different career paths: military, diplomatic, party, state, economic and provincial. We showed that since the failed Hanoi summit of 2018, the share of military personnel has returned to levels not seen since the…

What Happened Last week, the police failed to stop an ex-convict from murdering two women despite having placed him under surveillance using an ankle monitor. The public response to this incident reflected growing anxiety around a series of violent crimes targeting vulnerable groups such as women and children. A growing segment of the public sees the current sentencing as inadequate to deter violent…