2021 in Review: South Korea’s Economy and COVID-19
South Korea’s economy has recovered rapidly from COVID-19 and GDP caught up with its pre-pandemic level about a year ago.
South Korea’s economy has recovered rapidly from COVID-19 and GDP caught up with its pre-pandemic level about a year ago.
A tightening of social distancing measures since July, aimed at slowing a fourth wave of COVID-19 infections, slowed Korea’s economic growth.
Tourism presents a critical junction where two of South Korea’s key NSP Plus initiatives—cultural exchange and environmental cooperation—could meet.
North Korea’s real GDP fell by 4.5% in 2020, the steepest decline since 1997 during the “Arduous March,” when North Korea was hit by famine.
In 2017, the United States authorized a travel ban prohibiting U.S. citizens from traveling “into, through or in North Korea. Will it be renewed?
One year ago, President Moon Jae-in launched the Korean New Deal, which aims to “set the foundation for Korea’s next 100 years.”
While Korea has been reluctant to sign on to initiatives that challenge China, experts say it will be harder for Seoul to continue making that choice.
South Korea and Vietnam are both regional middle powers caught by strategic dilemmas amid intensifying U.S.-China competition.
By KEI Advisory Council President Joe Biden and President Moon Jae-in are scheduled to meet in Washington D.C. on May 21. For President Biden, this…
Korea stands out for its success in handling the COVID-19 pandemic and limiting its economic impact. The 1.0% fall in real GDP in 2020 was…