Asia

Korea’s regulatory environment is often cited as being one of the most difficult aspects of doing business in Korea. Among the various regulations that foreign invested companies and foreign investors…

Well-functioning capital markets should encourage private saving and investment by channeling surplus funds to reach their most productive uses. In the process, well-functioning capital markets create a diverse menu of…

During the 1972 U.S. presidential campaign, “Deep Throat,” later revealed to be Associate Director Mark Felt of the FBI, counseled Washington Post journalists Bob Woodward and Carl Bernstein to “follow…

After the Asian financial crisis of 1997, the Korean government geared up to carry out financial restructuring. As a result, the number of domestic financial institutions stood at almost half…

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 Nicholas Hamisevicz It is the start of a new year, which means it is time to start parsing through North Korea’s New Year’s message. Like last year, Kim Jong Un delivered the New Year’s message in a speech. These are the first major policy guidelines and ideas announced since the purge of his uncle,…

By Troy Stangarone In a sense, the events of 2013 on the Korean peninsula began in December of 2012. In the days leading up to South Korea’s presidential election, North Korea successfully put its first satellite in orbit, defying UN prohibitions on long-range missile tests. Less than a week later, South Korea would elect Park…

By Nicholas Hamisevicz On December 26, Japan’s Prime Minister Abe Shinzo visited the Yasukuni Shrine, a memorial Shinto shrine that honors Japanese war dead, including fourteen Class-A war criminals. The visit is unlikely to do much harm to Abe domestically, but foreign policy in the region will be a casualty. The visit confirms South Korean and Chinese perceptions…

By Nicholas Hamisevicz It looks like South Korea’s National Intelligence Service (NIS) got it right when they suggested to National Assembly members that Jang Song Taek had been removed from his leadership posts in North Korea. Kim Jong-un made it very clear and very public that Jang Song Taek was out of favor and out…