The Republic of Korea and the North Pacific Economy: After the Great Panic of 2008
The financial panic of late 2008 and the global economic recession that followed has been the greatest economic shock since World War II. While North…
Financial Crises and East Asia’s Financial Cooperation
East Asia is an area where real economic activities are closely linked. The brisk trade in goods and services among East Asian countries shows a…
How Available are DPRK Statistics?
A common problem facing students of the economy of the Democratic People’s Republic of Korea (DPRK) is the shortage of available statistics. It is extremely…
Korea’s Economic Stability and Resilience in Time of Crisis
In the wake of the fall of Lehman Brothers, in the fourth quarter of 2008 and the first quarter of 2009 Korea was faced with…
U.S.-Korea Economic Relations: A (Historical) View from Seoul
What corresponding changes are being made to the Korea-U.S. economic and trade relationship? If, through the changes of the last decade, our trade relationship has…
Housing Policy, Mortgage Markets, and Housing Outcomes in Korea
This paper aims to trace the major changes that took place in the Korean housing market and the housing finance system during the past decade,…
The Rocky Road for Modernizing the North Korean Economy
Rocky roads conjure images of pitfalls and jarring bumps on a tortuous journey toward some desired destination, without assurance that some calamity will not bar…