Asia

What corresponding changes are being made to the Korea-U.S. economic and trade relationship? If, through the changes of the last decade, our trade relationship has evolved from one narrowly focused…

This paper aims to trace the major changes that took place in the Korean housing market and the housing finance system during the past decade, and also to offer an…

Rocky roads conjure images of pitfalls and jarring bumps on a tortuous journey toward some desired destination, without assurance that some calamity will not bar the way to the hoped-for…

Between winning the election in December 2007 and taking office in February 2008, Lee Myungbak and his administration sketched out a massive reform program that would potentially affect every aspect…

President Donald Trump is off on his longest international trip yet, stopping in Japan, South Korea, China, Vietnam and the Philippines. There, he is expected to tackle a range of…

As a communist state, North Korea has promised to provide its people with basic services, including healthcare and medical treatment. However, particularly in recent years, the cash-strapped Kim regime has…

With North Korea becoming an increasingly dangerous threat to the U.S. and its allies, it can be all too easy to overlook North Korea’s origins and how its foreign policy…

Many of the news stories about North Korea that make their way into the Western media fall into one of two categories: 1) breaking news about provocations and the nuclear…

President Yoon Suk Yeol won office after promising to revitalize bilateral relations with Japan, a goal he has made significant efforts towards. On both the national and personal level, the relationship has a much warmer tone compared to the frigidness of the Moon-Abe years. But is this just the upward turn before the eventual decline…

Korea’s real GDP growth will rebound to more than 2 percent in 2024 and 2025, according to the Organization for Economic Co-operation and Development (OECD)’s bi-annual economic projections published at the end of November (Figure 1). The OECD’s outlook of 2.3 percent next year is in line with the 2.1 percent and 2.2 percent forecasts…

As the worst of the COVID pandemic begins to fade, North Korea’s weak health care system and its lack of wide-spread vaccinations against the disease are apparently now able to handle the return home of North Koreans who were away from their home country when the COVID pandemic initially broke out.  North Koreans were officially…

At the Asian Games this September, Team Korea didn’t just get a gold medal in the popular video game League of Legends. The team also received an exemption from active-duty conscription into the armed forces of Korea. Maintaining an adequate fighting force is a critical issue for Korea, not just because of its unruly neighbor…