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Asia
This paper builds on Kiyota and Stern (2007), in which we analyzed the economic effects of a U.S.-Korea free trade agreement (KORUSFTA). In Section II, we review the objectives and…
May 25, 2011
The security alliance between the United States and the Republic of Korea (ROK) is the foundation for the architecture of strategic stability in Northeast Asia that has endured for more…
May 25, 2011
The Cold War in Northeast Asia became irreversible with the outbreak of the Korean War on 25 June 1950. Over the decades partial steps were taken to end it: rapprochement…
May 25, 2011
On 21 June 2005 the flag of the Socialist Republic of Vietnam flew outside of Blair House, across the street from the White House. Standing still on a windless day,…
May 25, 2011
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…
August 28, 2017
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…
August 17, 2017
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…
July 28, 2017
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…
July 14, 2017
On March 9, South Korean voters will select their next president for a five-year term. The South Korean constitution limits presidents to a single term, so there is no incumbent in the race. The presidential campaign is a contest between Lee Jae-myung, candidate of the progressive Democratic Party of current president Moon Jae-in, and Yoon…
January 20, 2022
What Happened: In January 2022, Indonesia announced a ban on coal exports. Indonesian coal accounts for 20% of Seoul’s total coal imports. In response, the South Korean government urged the Indonesian government to remove the ban on coal exports. Despite these actions, the South Korean government officially stated that Indonesia’s ban on coal exports would…
January 17, 2022
What Happened: The ruling party’s presidential candidate Lee Jae-myung announced his plan to raise income per capita to USD 50,000, elevate the country’s hard power, and reach KOSPI stock index of 5,000. Polling two days after this speech showed that Lee led the race with 36 percent against his main opponent’s 26 percent. According to…
January 17, 2022
Who will shape the digital market evolution? You might assume that it is the tech-savvy youths. But Korea shows that the “yold” generation (the young-old, born between 1946 and 1964) has much more to offer to the digital transformation than people presume. Likely to retire around 2025, this cohort will have disposable income worth around USD…