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Just as the world economy was about to be thrown into another Great Depression in late 2008, leaders of the Group of 20 (G-20) and emerging economies gathered for the…
The world of the twenty-first century is not the world in which I grew up. Then, influence and power were centered in the so-called industrialized world—Western Europe, Japan, and North…
When the global financial crisis tore through world economies, national budgets around the world were immediately funneled to stabilize and revive the energy-intensive industries impacted by the market maelstrom. Yet,…
Every country is increasingly interested in the green economy and developing green growth. Different principles, strategies, and methods have been announced. Korea has also acknowledged the importance of the green…
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…
MSCI, a New York-based international ratings provider, is soon to release its annual Market Classification Review. The findings will determine what next steps Korea needs to focus on to move from the index of emerging markets to that of a developed one. Once the latter occurs, it would allow Korea to be listed alongside other…
During the week from May 28 to June 2, North Korea released over 1,000 large balloons across the demilitarized zone (DMZ) into South Korea. The balloons carried payloads of manure, cigarette butts, used batteries, cloth and plastic fragments, and lots of scrap paper (including used toilet paper). One report said that even dirty diapers were…
Questions of whether the K-pop market has peaked are hardly new. Concerns about market oversaturation have been raised since the inception of the third generation in 2012 when the number of groups that debuted annually more than tripled. New bands from industry powerhouses are not making the expected impact in sales, and there has been…
The Ninth Korea-Japan-China Trilateral Leader Summit, hosted in Seoul on May 27, marked the first meeting since the annual event went on hiatus after 2019. Amidst a shifting global economic order, its proclamations affirmed continued trade relations with China by Korea and Japan and brought a new sense of dynamism to economic cooperation among the…