Asia

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…

Economic Interdependence Between Korea and the United States

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.…

Doctors’ strikes have made headlines and become a domestic political flash point in Korea, but they are only part of a global problem regarding medical training.  In 2024, junior doctors and interns went on strike in the United Kingdom and Kenya, while China’s Xinhua News Agency highlighted the need for medical education reform due to…

Halfway through his tenure, President Yoon Suk Yeol seems proud of his efforts to realize his foreign policy vision. “The global pivotal state diplomacy that we have put into practice since the launch of this government has become the government's signature policy,” he told chiefs of missions during a banquet, according to the Yonhap News…

The outcome of South Korea’s parliamentary elections seems undeniable. The opposition Democratic Party (DP) won a convincing victory and together with its progressive allies will hold a commanding 192-seat majority in the 300 seat National Assembly. Former DP presidential candidate and current party leader Lee Jae-myung is cemented, for now, as the likely presidential standard bearer when…

Innovation has played a vital role in Korea’s rapid economic development. Initially led by the introduction of new technology from abroad, Korea has achieved sustained progress toward the global innovation frontier. Korea’s innovation inputs in terms of human capital and research spending are among the highest in the world. It also has the highest share…