South Korea

This article was published in The Korea Times on March 13, 2024. With Donald Trump set to be the Republican presidential nominee after a string of primary wins on March…

This article was published in The Diplomat on March 8, 2024. Following Russia’s invasion of Ukraine, the United States and its allies put in place an extensive set of sanctions to limit Moscow’s…

This article was published in East Asia Form on February 24, 2024. After expanding by 2.6 per cent in 2022, South Korea’s economy cooled in 2023. Waning global demand for South…

This article was published in The National Interest on January 30, 2024. The trends driving the U.S.-ROK alliance to enhance cooperation around extended deterrence and establish the Nuclear Consultative Group…

By Troy Stangarone In the ongoing debate over granting President Barack Obama Trade Promotion Authority (TPA), previously known as Fast Track, three Democratic members of Congress pointed to increased merchandise trade deficits with Korea after the implementation of the KORUS FTA as a reason to oppose a new grant of TPA. However, while the merchandise…

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…

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…

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…