Asia

Korea’s money market includes the call market as well as markets for monetary stabilization bonds (MSBs), negotiable certifi cates of deposit (CDs), repurchase agreements (repos), commercial paper (CP), and cover…

This article investigates the progress in corporate governance reform in Korea since 1997 as well as current corporate governance challenges. It focuses on corporate governance issues and, as such, does…

According to a preliminary estimate by the Bank of Korea on 4 January 2008, Korea’s per capita gross domestic product (GDP) and per capita gross national income (GNI), which adjusts…

The year 2007 displayed remarkable progress in Korea-U.S. economic relations on many different levels. At the global level, our two countries have worked closely together to meet international challenges. For…

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…

In the early 21st century, global value chains (GVCs) grew longer and became reliant on low-cost countries for assembly, employing just-in-time production methods. These practices were tested during events like the US-China trade war and the COVID-19 pandemic. In response, many companies shifted their GVC strategies toward a focus on resilience and diversification. As this…

This is the first of two pieces exploring the continental-maritime balance on and around the Korean Peninsula Attention has turned to the re-emergence of a Cold War-like division in East Asia, with China, North Korea, and Russia on one side and the United States, South Korea, and Japan on the other. More recent reports of…

North Korea’s won has fallen in half against the US dollar since July for unclear reasons. An internal North Korean document collected by Daily NK blames perverse psychology for the trouble and warns that the won must be protected from further devaluation, suggesting high-level concerns of destabilizing inflation and a potential new banking crisis. The…

South Korea is facing some challenges as it integrates new digital technologies. A year ago, Seoul unveiled its “Digital Bill of Rights,” which seeks to preserve the rights and freedoms of Korean citizens online. But while it calls for building a “safe and trustworthy digital society,” this goal has been challenged by the rise of…