Asia

The tax burden in Korea—at 26 percent of gross domestic product (GDP) —was well below the average of the member countries of the Organization for Economic Cooperation and Development (OECD)…

There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news reverberated through the Korean financial…

Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States…

The twenty-first century has already been dubbed the Asian century. Although this nomination may be premature, it is certain that its fi rst decade belongs to Asia. This is reflected…

Now that Trump has met Kim, and with the Singapore Summit laying out the beginning of a path to denuclearization, analysts are still trying to figure out if Kim Jong…

South Korea's government has increased its focus on different forms of diplomacy in recent years, from the more traditional government-to-government outreach of the Moon Administration's North Korea policy to a…

With the world's attention on Singapore on June 12, U.S. President Donald Trump and North Korean Leader Kim Jong Un walked across a stage flanked by American and North Korean…

With U.S. President Donald Trump and North Korean Leader Kim Jong Un headed to Singapore next week for the first ever U.S.-DPRK summit, people around the world are watching to…

By David S. Maxwell As we celebrate the 60th Anniversary of the 1953 ROK/U.S. Mutual Defense Treaty we should keep in mind that celebrate is the right word for Koreans and Americans to attach to this milestone.  We can proudly look back on its success. In so doing we should realize that it remains relevant…

By Nicholas Hamisevicz In their first two years, Kim Jong-un and the collective leadership in North Korea have found various ways to kill the momentum of positive interaction with North Korea’s neighbors. While Pyongyang has given with one hand with the recent return of its workers to the Kaesong Industrial Complex (KIC), it has taken…

By Jongsung Kim, Ph.D. Earlier this month, the Strategy and Finance Committee in the Republic of Korea’s National Assembly held a hearing on the household debt policies (가계부채 정책  청문회) in Korea. The rising household debt in Korea is a critical issue, and a clear symbol of its importance was the high level of government…

By Jinho Park An intense political debate is currently taking place in South Korea on reforming the National Intelligence Service (NIS). The current controversy over intelligence reform is somewhat unique in that it is not caused by an intelligence failure, but rather by its alleged interference with the 2012 presidential election. Further adding to the…