Asia

Monetary and Exchange Rate Policy in Declining Centrally Planned Economies and in Early Transition Economies: Some Observations of North Korea

North Korean Economic Reform: An Uncertain Future for a Third-Way Exploration

China's Impact on the Korean Economy

In 2005, the Korean ambassador to China was excited about the completion within five years of the target trade volume of over $100 billion with China, which was set by…

Spanning nearly a century and multiple generations, Min Jin Lee's 2017 novel Pachinko tells the story of a Korean family struggling to find their place in Japan before, during, and after…

A woman in hanbok joyfully rises above Mt. Baekdu, arms raised, in a art piece entitled Umma Rises: Towards Global Peace. This is just one of many recent art pieces…

A group of women gossiping about the new neighbor. A feisty middle schooler using a homemade drone to prank his classmates. A young military officer seeking information from his past.…

With President Donald Trump finishing up his first official trip to Asia, including a stop in South Korea last week, this week's episode of Korean Kontext asks: what do South…

At the end of May, South Korean President Yoon Suk Yeol hosted a high-level summit with representatives from Japan and China. It was the first time Japanese Prime Minister Kishida Fumio traveled to South Korea this year and was also the first visit to South Korea by Chinese Premier Li Qiang since his appointment in…

Russian President Vladimir Putin has a very short list of countries on his list of available international travel destinations these days. He made a wise choice to travel to Pyongyang, where he could be feted as a fellow dictator and share relief from sanctions-imposed isolation. However, Putin’s decision to sign a comprehensive mutual defense pact…

MSCI, a New York-based international ratings provider, is soon to release its annual Market Classification Review. The findings will determine what next steps Korea needs to focus on to move from the index of emerging markets to that of a developed one. Once the latter occurs, it would allow Korea to be listed alongside other…

During the week from May 28 to June 2, North Korea released over 1,000 large balloons across the demilitarized zone (DMZ) into South Korea. The balloons carried payloads of manure, cigarette butts, used batteries, cloth and plastic fragments, and lots of scrap paper (including used toilet paper). One report said that even dirty diapers were…