Economics

We imagine North Korea as a country that is carrying on not only a conflict left over from the Cold War, but also a decrepit legacy economy from the past.…

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…

2018 has been an incredibly eventful year for both the Koreas and the U.S.-Korea relationship: from North Korea’s participation in the Winter Olympics at the start of the year to…

The Trump Administration is once again considering using Section 232 to impose tariffs on imported goods based on a threat to national security. The President originally used this provision to…

By Troy Stangarone For Greece, tragedy has become a well worn tradition. Whether at the pen of ancient writers such as Sophocles or civil war during and after the Second World War, Greece is well versed in the causes and consequences of tragedies even if they have rarely touched directly on other nations. However, unlike…

By Troy Stangarone On May 2, Korea and China announced that they would begin talks on a bilateral free trade agreement. In many ways, this is a significant step in bilateral relations between Korea and China. The two countries only formally established relations in 1992, and in two short decades the relationship has blossomed on…

By Troy Stangarone Nutritional aid might not be the only cost of North Korea’s recent failed satellite launch.  Only a few months prior to Kim Jong-il’s death there had been significant discussion of building a pipeline to transmit Russian gas through North Korea to the South. North Korea had indicated that it would be willing…

With the KORUS FTA set to come into effect, The Peninsula talked with Amy Jackson of the American Chamber of Commerce for five questions about the benefits of the KORUS FTA, the politics around the agreement, and the future of U.S.-Korea economic relations: 1.  With the KORUS FTA set to come into effect on March…

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