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Economic relations between Korea and the United States reached new heights in the year 2006 with the launch of negotiations for a bilateral free trade agreement. While the negotiations were…
Rapid economic development lifted Korea’s per capita income from 15 percent of the U.S. level in 1970 to approximately half by 2005. Growth has been based primarily on inputs of…
The insatiable appetites of banks, insurance companies, pensions, endowments, and high-net-worth individuals make enormous capital possible for private equity funds. The private equity market has become an important source of…
The importance of having an efficient labor market is growing because of recent trends such as globalization, the development of information-communication technology (ICT), and the increasing need for foreign direct…
Covering news on the Korean peninsula can be a hectic task. With all the rapidly evolving developments in economics, politics, and society, it's often hard for journalists who cover the…
With the Trump-Kim Summit in Singapore still on the calendar at least for the moment, pundits and analysts alike have been predicting the outcomes or sharing their advice for how…
With the exception of Gangnam Style, few mainstream radio stations have ever even thought to play Korean pop music. But in the last year or so, the United States has…
On February 9, years of hard work will culminate in the opening of the 2018 Winter Olympics in PyeongChang, South Korea. A month later, on March 8, the 2018 Winter…
By Yu, Byoung-gyu The sudden death of North Korean leader Kim Jong-il has increased uncertainty regarding the future of inter-Korean economic cooperation. The prospects for economic cooperation between the two Koreas can be considered from both short term and a medium to longer term perspectives. In the short term, deadlock on economic cooperation will likely…
By Nicholas Hamisevicz 2012 is a year of elections and leadership transitions in Asia. Taiwan was set to have the honor of kicking things off, but the death of Kim Jong-il in late December placed much of the early year’s attention on only the second transition in North Korea. In Taiwan, Democratic Progressive Party (DPP)…
By Greg Scarlatoiu North Korea recently announced a special amnesty to prisoners, the first in over six years, to be issued beginning on February 1, in observance of Kim Jong-il’s birthday on February 16 and in anticipation of the 100th anniversary of the birth of Kim Il-sung. The announcement came only two days after the…
By Nicholas Hamisevicz, Sarah K. Yun, Chad O'Carroll, and Troy Stangarone Last year saw significant changes on the Korean peninsula. While 2011 ended with the surprise death of Kim Jong-il and the beginning of succession to Kim Jong-un, last year also saw Korea become one of only nine nations to surpass $1 trillion in total…