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…

Russia’s invasion of Ukraine is having a serious impact on the global economic recovery from the COVID-19 pandemic. After a 3.6% drop in 2020, world GDP rebounded with 6.1% growth in 2021 (Table 1), reflecting progress in controlling the coronavirus and exceptionally strong fiscal and monetary measures to offset the impact of the pandemic. In…

There is a long tradition of considering North Korean leaders’ public appearances as a potential source of information on the regime’s priorities (see for example: Haggard, Herman, and Ryu; Pyo and Hur; Kim and Lee).  We now have ten full years of this data for Kim Jong-un through the South Korea Ministry of Unification portal,…

The U.S. Senate Committee on Foreign Relations held a hearing on April 7 to question President Joseph Biden’s nominee for U.S. Ambassador to South Korea, Ambassador Philip S. Goldberg.  Goldberg is one of four ambassadorial nominees who testified before the Foreign Relations Committee on April 7.  Two of the four nominees, including Goldberg, are senior…

In the 2022 presidential election, the conservative opposition candidate Yoon Suk-yeol won the race with a 0.8% margin. During the campaign, Yoon received endorsements from five former senior military officers who had served in the Moon administration. They attributed the endorsement to “[their] faith in Yoon’s national security policies,” including his controversial remark that Seoul…