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.…

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…

During the second inter-Korean summit in 2007, South Korean President Roh Moo-hyun and North Korean leader Kim Jong-il discussed, among other issues, building military trust and establishing special peace and cooperation zones in the West Sea. In the years leading up to the summit, South and North Korean military officials spent considerable time discussing these…

As concern regarding an imminent North Korean nuclear test increases, the debate on South Korea securing its own nuclear weapons is also increasing. There are strong reasons why this debate should be looked at very carefully in Washington. The current debate started with recent discussions in the Yoon Administration regarding the hosting of U.S. tactical…

North Korean leader Kim Jong Un, perhaps emboldened by his embrace of Russia’s war in Ukraine, has unleashed a wave of missile tests, with a possible nuclear test to come. The Pyongyang regime claims to be developing tactical nuclear weapons and to be responding to recent joint military exercises by the U.S., South Korea and…

The meeting between South Korean President Yoon Suk-yeol and Japanese Prime Minister Fumio Kishida on September 21 was notable mainly for the fact that it took place. It was a brief exchange – some 30 minutes – taking place on the sidelines of the United Nations General Assembly meeting in New York. The two governments…