Asia

The world has witnessed significant changes in its economic and strategic landscape since the Cold War era. In today’s multipolar system, states have a variety of partners that they can…

East Asia has been the fastest growing area in the world in recent decades. Starting with Japan in the 1950s, East Asian countries have consecutively taken part in the global…

East Asian economic integration has rapidly advanced through several mechanisms: the economic dialogue in APEC and ASEAN+3, financial cooperation via the Chiang Mai Initiative Multilateralization (CMIM), and infrastructure investment through…

The Middle East offers huge trade opportunities to South Korea, especially after the P5+1 agreement with Iran. President Park Geun-hye’s May 2016 visit to Iran has demonstrated this economic potential…

Despite all the attention around the upcoming second summit between Donald Trump and Kim Jong-un, we in the United States still know very little about North Korea, its people, and…

As we approach the second US-DPRK Summit, the media in the United States is so focused on the dynamics between President Trump and Kim Jong-un that the interests and motivations…

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…

Last Thursday, Korean chipmaker SK Hynix made history by developing a 10-nanometer (nm) transistor process for 16 GB Double Data Rate 5 (DDR5), the latest iteration of dynamic random-access memory (DRAM) chips. By allowing for greater memory capacity and processing speeds for the corresponding central processing units (CPUs) that are used for cloud computation, this…

“You can either buy clothes or buy pictures.” (Gertrude Stein) The air will be filled with a different kind of buzz in Seoul this week as it hosts the third annual international art fair, Frieze Seoul. Over 110 leading art galleries worldwide will assemble for four days at the COEX Convention and Exhibition Center in…

The public sector financed 76 percent of healthcare in OECD countries in 2021 using compulsory health insurance and government programs (Figure 1, Panel A). Korea is an outlier in this regard, as only 62.3 percent of its health expenditures were covered through mandatory financing schemes. The low share of mandatory financing in Korea was offset…

The overwhelming majority of refugees who flee North Korea are generally those who live in border areas adjacent to China and do not have prominent government or economic positions. Few are from Pyongyang because it is very difficult for citizens to travel within the country unless police and internal security officials approve the travel. Meanwhile,…