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What is North Korea? A threat. A headache. A problem. But not so often an economy. The DPRK is much discussed and fretted over, yet our attention tends to be…
China’s political attitudes toward the Korean peninsula and its role in managing North Korea have been a constant source of intrigue for many Asia watchers in the U.S. Trying to…
Recently released data from the Department of Commerce confirmed that the United States achieved record-level export of services to South Korea in 2018 – $24.5 billion. Combined with the trade…
As the complex negotiations between North Korea, the United States, and South Korea continue, it is worthwhile to review what the current U.S. presence on the Korean Peninsula looks like.…
When people talk about South Korea’s foreign policy, they are more often than not focused on how Seoul engages with its immediate neighbors on denuclearization. However, as a global trading…
Amid the maelstrom of the drama around diplomacy with North Korean, it’s easy to forget that South Korea and the United States are engaged in a fairly serious trade dispute…
By Jinho Park While North Korea ratchets up the tension in Northeast Asia, Kim Jong-un made the bold—though not surprising—decision of withdrawing all North Korean workers from the Kaesong Industrial Complex. Recently, South Korea and the United States together have called for a dialogue with North Korea. North Korea has dismissed the offer by denouncing…
By Troy Stangarone As often happens with North Korea, there have recently been suggestions that the regime may be interested in engaging in economic reforms. The latest hopes spring from the appointment of Pak Pong-ju, a noted economic reformer, as prime minister and the replacement of most ministers of industry with officials believed to have…
This week’s Highlighted Trend features the visualization of a dramatic trend occurring in South Korea’s balance of trade with its partners over the last thirty years. KITA data reveals that over time, South Korea is undergoing an increasing level of trade polarization (i.e. greater degrees of trade imbalances) vis- à-vis its trading partners. China and…
By Nicholas Hamisevicz Last week former NBA player Dennis Rodman, along with three members of the Harlem Globetrotters and Vice Media, traveled to North Korea to play and promote basketball as well as hang out with the new North Korean leader Kim Jong Un. On Sunday, Dennis Rodman talked about his trip with George Stephanopoulos…
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