Asia

Korea’s money market includes the call market as well as markets for monetary stabilization bonds (MSBs), negotiable certifi cates of deposit (CDs), repurchase agreements (repos), commercial paper (CP), and cover…

This article investigates the progress in corporate governance reform in Korea since 1997 as well as current corporate governance challenges. It focuses on corporate governance issues and, as such, does…

According to a preliminary estimate by the Bank of Korea on 4 January 2008, Korea’s per capita gross domestic product (GDP) and per capita gross national income (GNI), which adjusts…

The year 2007 displayed remarkable progress in Korea-U.S. economic relations on many different levels. At the global level, our two countries have worked closely together to meet international challenges. For…

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…

Earlier this year, President Yoon Suk Yeol took steps to stabilize relations with Japan. Since then relations have been advanced through two bilateral summits, a meeting at the G7, and an expected trilateral summit later this August with the United States. Despite these advances, there are issues that could still constrain relations, specifically Japan’s plan…

President Yoon Suk Yeol presided over the Presidential Committee on an Aging Society and Population Policy in March. It was the first time that a president had attended a meeting of the Committee since 2015, reflecting rising concern over the decline in Korea’s total fertility rate to 0.78 in 2022 (Figure 1). It is the…

A remarkably detailed joint statement emerged from the May 22, 2023, summit meeting in Seoul between President Yoon Suk Yeol and European Commission President Ursula von der Leyen and European Council President Charles Michel--the twin leadership of the EU.  The statement noted the 60th anniversary of diplomatic relations between the EU and ROK; described common…

The ROK-U.S. state visit significantly strengthened the alliance amid changes in the international order, such as the Ukrainian war and intensifying U.S.-China competition. The two countries adopted six joint statements, including the "Washington Declaration," which is significant in expressing the U.S. commitment for extended deterrence and South Korea's willingness to comply with the Treaty on…