Asia

In the aftermath of the Global Financial Crisis, the multilayered international financial governance regime has been strengthened. In East Asia, this regime includes an ASEAN+3 regional layer designed to complement…

Dear Readers, With the 31st edition of Korea’s Economy, we have turned our focus to Northeast Asia where China and Japan represent two of South Korea’s most important trading partners.…

The ROK-Japan relationship seemingly found a floor after the downward spiral that marked the end of the Lee Myung-Bak presidency and the first three years of President Park Geun-hye. Seoul…

This report conducts an analysis of the corporate bond market in Korea and the changes in interest rates and term structure since the 1997 Asian financial crisis. The potential risks…

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…

Interest in the Korean peninsula is generally very narrow in the United States – it tends to be focused on North Korea and security issues, particularly the country's ballistic and…

Last Friday, on November 30, 2018, President George H.W. Bush passed away. In the days that followed, there were many discussions in the foreign policy community about the late president's…

What does a unified Korea look like? Beyond the question of whether the government of this new country will be a unitary or federal one, how will the people –…

By Min Tae Chung South Korea is well known for its rapid economic growth with its post- Korean War development. Early in South Korea’s economic development, also known as “the miracle of the Han River,” the economy underwent constant and rapid growth that has elevated South Korea’s economy to the heights of one of the…

By Troy Stangarone North Korea and South Korea are different, but sometimes it takes a crisis in each country to draw those differences out. In many ways, the flooding in North Korea in September and the recent crisis at Samsung help to illustrate how different the two countries have become since they were divided after…

By Sungeun (Grace) Chung These days, college students graduate into a competitive job markets where a high unemployment rate and an oversupply of workers coexist. Yet the case of South Korea is extraordinary. Despite the miraculously rapid economic growth following the Korean War, which is referred to as the “Miracle on the Han River.” However,…

By Juni Kim Although not a focal point of the ongoing presidential campaigns, U.S. policy regarding the Korean peninsula has come up from time to time with both major party candidates Donald Trump and Hillary Clinton. With scant information on American public opinion regarding Korea and its importance, a recent survey by the Chicago Council…