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On February 25, Lee Myung-bak was sworn in as the President of the Republic of Korea. In front of a crowd of some 60,000 gathered, including U.S. Secretary of State…
Korea is a tough economic competitor. Its meteoric rise over just 30 years from one of the poorest in the world to the ranks of the OECD helped earn Korea…
On December 19, the voters of South Korea elected Lee Myung-bak, the previous mayor of Seoul and a former business executive, to be the next president. The candidate of the…
Anyone who has spent time in the bustling streets of Seoul is familiar with the scene: commuters crowding into Daewoo buses, while salary men hurry home in their Hyundai sedans…
Hello again after the holiday break! Just before the holidays I spoke with Hawon Lee, who was just wrapping up his nearly four years as Washington D.C. Bureau Chief of…
In this episode we speak with Mr. Ken E. Gause, currently a senior research analyst with the International Affairs Group and Iranian Studies Program at CNA Strategic Studies in Alexandria,…
In this episode, we are joined by Balbina Hwang, currently a visiting professor at Georgetown University and the National Defense University here in D.C. Ms. Hwang is here to speak…
This episode takes us directly into the office of Ambassador Han Duk-Soo, Ambassador of the Republic of Korea to the United States, who shares his thoughts on the much-anticipated G-20…
The Sangdong tungsten mine in South Korea holds one of the world’s largest single-mine tungsten reserves. After closing in the early 1990s—largely due to cheaper Chinese tungsten flooding world markets and undermining South Korea’s price competitiveness—the mine is set to resume operations next year. This revival follows the acquisition of the Sangdong mining rights by…
In the early 21st century, global value chains (GVCs) grew longer and became reliant on low-cost countries for assembly, employing just-in-time production methods. These practices were tested during events like the US-China trade war and the COVID-19 pandemic. In response, many companies shifted their GVC strategies toward a focus on resilience and diversification. As this…
This is the first of two pieces exploring the continental-maritime balance on and around the Korean Peninsula Attention has turned to the re-emergence of a Cold War-like division in East Asia, with China, North Korea, and Russia on one side and the United States, South Korea, and Japan on the other. More recent reports of…
North Korea’s won has fallen in half against the US dollar since July for unclear reasons. An internal North Korean document collected by Daily NK blames perverse psychology for the trouble and warns that the won must be protected from further devaluation, suggesting high-level concerns of destabilizing inflation and a potential new banking crisis. The…