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 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…

The New Southern Policy Plus (NSP Plus) was announced by President Moon Jae-in at the 21st ASEAN-ROK Summit on November 12, 2020. While maintaining emphasis on economic partnerships, the NSP Plus identifies collective recovery from the Covid-19 pandemic and sustainability as critical areas for cooperation. It expands on the original NSP’s three-pillar framework of “People,…

One prominent strand of North Korea watching takes the form of tracking individual personnel movements: the ups and downs associated with retirements, purges and the promotion of new favorites. Yet there is persistent doubt about whether these movements are really consequential, particularly in a highly personalist political system. We can get a somewhat more rounded…