Asia

Korea’s regulatory environment is often cited as being one of the most difficult aspects of doing business in Korea. Among the various regulations that foreign invested companies and foreign investors…

Well-functioning capital markets should encourage private saving and investment by channeling surplus funds to reach their most productive uses. In the process, well-functioning capital markets create a diverse menu of…

During the 1972 U.S. presidential campaign, “Deep Throat,” later revealed to be Associate Director Mark Felt of the FBI, counseled Washington Post journalists Bob Woodward and Carl Bernstein to “follow…

After the Asian financial crisis of 1997, the Korean government geared up to carry out financial restructuring. As a result, the number of domestic financial institutions stood at almost half…

This interview originally aired in 2014.  With the retirement by Yi So-yeon, South Korea’s remaining astronaut, many have turned attention to Korea, wondering whether there is a future for its…

In this episode, we spoke with Kevin O'Donnell, who, after decades on a private sector career path, became the first-ever Peace Corps country director for South Korea, followed by a…

As North Korea's largest trading partner and political ally, China is a crucial factor in any potential solution to curb North Korea's weapons programs. President Trump expressed hope earlier this year…

In December 1950, while fighting the advancing Chinese army and bitter Korean winter, Colonel Edward Forney and other American and Korean officers managed to evacuate all troops as well as…

By Ben Hancock South Korea made an appearance in this past Sunday’s New York Times list of 45 must-visit travel destinations for a surprising reason -- golf courses. No one could quibble with the fact that Korea has churned out more than its fair share of club-wielding pros (Pak Se-ri and K.J. Choi come quickly…

By Luke Herman Updated January 11, 2012. With the passing of Kim Jong-il, North Korea's leadership transition is being formally put into place. Here is a quick abridged graphic highlighting the leadership on the National Defense Commission and the State Party's Political Bureau and Central Military Commission. Below are links to expanded graphics for the…

By Nicholas Hamisevicz In Asia much of the pressure and focus from the transition in North Korea after Kim Jong Il’s death is now on China, its neighbor and chief benefactor. As a rising power that provides both economic and national security assistance North Korea needs to survive, China is in a difficult situation with…

By Ken E. Gause Three sets of messages have emerged from the North Korean media in the days since Kim Chong-il’s death on December 17. The first two sets of messages are tied to the leadership configuration that is rising up to take over the reins of power, namely Kim Chong-un supported by a collective…