Economics

In 2010, a group of Asian countries made major strides toward economic integration with the launch of the Chang Mai Initiative Multilateralization. This currency swap arrangement has had a major…

This week our guest is noted scholar and North Korea watcher Dr. Stephan Haggard. Dr. Haggard is a Professor of Korea-Pacific Studies and director of the Korea-Pacific Program at the…

At KEI, we mainly focus on the relationship between the United States and South Korea, and their approaches toward North Korea. This week, we're taking a different look at the…

Last week, we looked at the details of the new US and UN sanctions against North Korea, delving into the new measures to get at Pyongyang's funding. But will they…

While the economic components of the Camp David summit will not be remembered in the same way as the Plaza Accords or Bretton Woods, the agreement nonetheless lays out an ironclad economic framework for cooperation between the United States, Korea, and Japan which will serve to benefit the Indo-Pacific and beyond. The economic announcements provide…

When the leaders of Japan and South Korea join President Joe Biden at Camp David on August 18, it will cap a year of remarkable progress in bringing relations in the region back from the depths of dysfunction. The summit will showcase the attempts by the Biden administration to institutionalize trilateral security cooperation – tying…

The drop in Korea’s total fertility rate to 0.78 in 2022 has heightened concerns about the impact of rapid population aging and decline. Despite numerous government initiatives, such as introducing free early childhood education and care in 2012, the fertility rate has continued to edge down. Korea’s median age jumped from 33.6 years in 2005…

In mid-May, President Yoon Suk Yeol became the fourth Korean president to participate in a Group of Seven summit. Korea was among the eight states invited to observe the gathering hosted by Japan in the city of Hiroshima. Over the course of three days, President Yoon met with both other world leaders as well as…

As disruptions in supply chains continue, what practical steps can the U.S. and Korea take to strengthen supply chains against future crises?