North Korean Economy Shrinks in 2020
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.
Lift or Extend Travel Ban for U.S. Citizens to North Korea?
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?
The Korean New Deal
One year ago, President Moon Jae-in launched the Korean New Deal, which aims to “set the foundation for Korea’s next 100 years.”
Korean Interests in Peace and Stability Around the Taiwan Strait
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.
How South Korea Can Upgrade its Strategic Partnership with Vietnam
South Korea and Vietnam are both regional middle powers caught by strategic dilemmas amid intensifying U.S.-China competition.
Views on the Upcoming Moon-Biden Summit from KEI Advisory Council
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…
The Impact of the Pandemic on Women in the Korean Labor Market
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…
North Korea’s Difficulties Coping with COVID-19
The government of North Korea continues to report that it has no cases of COVID-19. In its most recent submission to the World Health Organization…
Korea’s Monetary Policy During the COVID-19 Pandemic
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)….
South Korea Focuses its Sights on South America
South Korea aims to expand trade partnerships with South American countries, building on ongoing efforts to diversify the number of trade partners.