Digital Library

By Troy Stangarone Last week we took a look at how Korea’s economy has performed relative to the BRIC economies – Brazil, Russia, India, and China – since the global financial crisis hit in the fall of 2008. This week we shift our attention to the G-20. When the crisis hit in the fall of…

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By Kristen Lee During the 1960’s under President Park Chung-hee’s economic stewardship, the founders of today’s chaebol facilitated South Korea’s recovery after the war. These huge family-led business conglomerates became the foundation of the Korean economy and an integral part of Korea’s export-oriented growth. This rapid economic development, known as the “Miracle on the Han…

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By Troy Stangarone In the aftermath of last spring’s shutdown of the Kaesong Industrial Complex, the Park administration has sought international investment to serve as a bulwark against future actions by North Korea that would endanger Kaesong’s operations. While finding ways to raise the cost of a future shutdown for North Korea is a sensible…