Asia

Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…

Korea is in the midst of the most rapid demographic transition of any member country of the Organization for Economic Cooperation and Development (OECD); the share of Korea’s population older…

There are few areas about which there is a greater range of opinions among international monetary experts than the issue of exchange rate regimes. Eminent economists can be found who…

In 2005, the Korean government implemented a number of new financial policies. Of those, two policy measures deserve special attention because of their potentially significant impact on domestic financial markets.…

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 Prosecutor General Yoon Seok-youl stepped down on March 4 to protest the passage of a series of bills that limit prosecutor's investigative power. After opposing the Democratic Party(DP)-backed decision, Yoon's popularity rose in a poll of prospective candidates for the 2022 presidential election, though he has not announced his candidacy. Similarly, polls show Seoul residents favoring the opposing PPP…

What Happened The Moon administration released a statement on March 9 explaining that it may join the U.S.-led Quad+ alliance in the Indo-Pacific in an effort to gain U.S. support on North Korea policy. On March 8, the United States and South Korea reached an agreement for the Special Measures Agreement (SMA) negotiations on cost-sharing for U.S.…

After more than a year since the previous one expired, the U.S. and South Korea finally agreed to terms for a new military burden-sharing deal. The Special Measures Agreement (SMA) had previously been hostage to former U.S. President Donald Trump’s transactional approach to alliances which proved to be a looming threat to U.S.- Korea ties.…

Despite President Joe Biden’s previous description of Russia as an “opponent” and the regime of President Vladimir Putin as “KGB thugs”, it remains possible for Washington and Moscow to cooperate where strategic interests align. This was demonstrated by the extension of the New START Treaty, an agreement that was reached within days of the Biden…