Asia

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.…

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…

By Adam Cathcart, Roger Cavazos, and Nathan Beauchamp-Mustafaga No one knows if Kim Jong-un’s favorite films extend into the acerbic oeuvre of Peter Sellers, but the young North Korean dictator’s behavior indicates that he might indeed be taking one such film as inspiration. At various key moments at the end of 2012 and into the…

By Nicholas Hamisevicz Earlier this week the United Nations Security Council (UNSC) finally responded to North Korea’s December 12th rocket launch with a new resolution. Predictably, North Korea reacted angrily with statements, including one attributed to its National Defense Commission (NDC). The NDC statement specifically targeted the United States as a problem and as a…

By Seongjin James Ahn While some were disappointed earlier this month that South Korea’s central bank decided against easing up on nation’s key interest rate, the Bank of Korea’s decision is exactly what the economy needs in this moment: prudence and restraint. Indeed, lowering the interest rate would have helped spur on South Korea’s economy…

By Nicholas Hamisevicz As countries in Asia emerge from this year of elections and transitions, the role and rise of China in the region will remain a top priority. For most of these countries, significant emphasis has been placed on the importance of positive U.S.-China relations in the region. This is especially true for South…