Asia

The year 2008 saw a reversal of a long-lasting policy constellation in the international community visà- vis the Democratic People’s Republic of Korea (North Korea). South Korea, for 10 years…

The year 2008 will be recorded in world history as a year in which the global capitalist system was threatened as a consequence of the U.S.-originated financial turmoil that began…

Following several years of strong expansion, the Korean economy began losing momentum in the second half of 2008 in the wake of the stress engulfing the global financial system. Although…

North Korea’s economy has been on the verge of collapse since the beginning of the second nuclear crisis in 2002 because of the international community’s growing sanctions and pressure. The…

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.…

With inflation undershooting its 2% medium-term target, the Bank of Korea (BoK) cut its policy rate by 50 basis points twice in 2019 (Figure 1). Faced with further disinflationary pressures during the COVID-19 pandemic, the central bank cut the rate by another 50 basis points in March 2020 and 25 basis points in May, to…

What Happened On March 24th, the United Nations Human Rights Council adopted its 19th resolution condemning North Korea’s human rights abuses. South Korea is not a co-sponsor of the resolution, though it will allow the resolution to be passed through consensus. This is the third year in a row that South Korea has not co-sponsored the resolution based on…

In his first remarks to the western press ahead of his second meeting with then President Donald Trump, Chairman Kim Jong-un said: “I won’t make predictions. But I instinctively feel that a good outcome will be produced.” He has not interacted with foreign journalists since then, but that long silence may soon come to an…

What Happened On March 23, the South Korean Defense Minister met with his UAE counterpart to discuss bilateral defense relations. South Korea’s Akh special forces unit first deployed to the UAE in 2011. In November of 2020, the National Assembly approved extending the Akh unit's deployment until the end of 2021. Implications: South Korea is willing to leverage military deployment to…