Displaying all content tagged with the region Asia.
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Asia
This past year—2007—was another solid one for Korea’s economy. Buoyed by continued strong exports and a pickup in domestic demand, real GDP is estimated to have grown by nearly 5…
May 25, 2011
The year 2007 demonstrated more clearly than ever that external economic engagement provides a chance to help convince North Korea to abandon isolation and take specific actions toward denuclearization that…
May 25, 2011
On 30 June 2007, United States Trade Representative Susan C. Schwab and Republic of Korea Trade Minister Kim Hyun-chong signed the United States-Korea Free Trade Agreement (KORUS FTA), an encompassing…
May 25, 2011
As the first decade of the twenty-first century nears an end, distinct patterns are emerging in the global trading system. The Doha Development Round remains stalled and has begun to…
May 25, 2011
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…
February 22, 2019
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…
February 15, 2019
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…
February 8, 2019
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…
February 1, 2019
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…
June 10, 2024
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…
June 6, 2024
The semi-annual OECD Economic Outlook released in May projects that global GDP growth will remain around 3 percent in 2024 and 2025, shown below in Figure 1. The report’s outlook reflects the continued impact of tight monetary conditions. Nevertheless, the report cites several positive trends, such as falling inflation and improving private-sector confidence. With unemployment…
May 30, 2024
Korea once again found itself as an important facilitator for discussions on international artificial intelligence (AI), co-hosting the recently concluded AI Seoul Summit. The summit served as a follow-up to last year’s inaugural AI Safety Summit, which took place in the United Kingdom, and it produced a number of new commitments regarding the safe and…