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Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…
Korea is in the midst of the most rapid demographic transition of any member country of the Organization for Economic Cooperation and Development (OECD); the share of Korea’s population older…
There are few areas about which there is a greater range of opinions among international monetary experts than the issue of exchange rate regimes. Eminent economists can be found who…
In 2005, the Korean government implemented a number of new financial policies. Of those, two policy measures deserve special attention because of their potentially significant impact on domestic financial markets.…
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 Nicholas Hamisevicz After Kim Jong-il suffered a stroke in 2008, the transition process appeared to quicken the pace to prepare for a North Korea after the Dear Leader. Now that Kim Jong-il has died, the world will see if the pieces were put into the correct spots for a successful transition of power, especially…
By Troy Stangarone The anniversary of China’s formal entry in to the WTO ten years ago this week comes as a mixed blessing for many of its trading partners. China’s entry into the WTO brought the world’s most populous nation into the rules based trading system that is the WTO and created new economic opportunities…
This week reports emerged that hundreds of North Korean nuclear experts are currently working in major nuclear facilities throughout Iran, adding to suspicions that the two countries have been collaborating in the nuclear realm for some time. This follows on the heels of reports that Iranian technicians were allegedly dispatched to North Korea to assist in…
By Troy Stangarone For the first time this year, Korea has surpassed the $1 trillion mark in annual trade volume, making it just one of nine nations to do so. This milestone comes after years of intensive export lead growth that have transformed Korea from one of the poorest nations in the world into a…