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Economic relations between Korea and the United States reached new heights in the year 2006 with the launch of negotiations for a bilateral free trade agreement. While the negotiations were…
Rapid economic development lifted Korea’s per capita income from 15 percent of the U.S. level in 1970 to approximately half by 2005. Growth has been based primarily on inputs of…
The insatiable appetites of banks, insurance companies, pensions, endowments, and high-net-worth individuals make enormous capital possible for private equity funds. The private equity market has become an important source of…
The importance of having an efficient labor market is growing because of recent trends such as globalization, the development of information-communication technology (ICT), and the increasing need for foreign direct…
Since the death of Kim Il-sung in 1994 there have been numerous predictions that the collapse of the North Korean political system would be imminent, yet the Kim dynasty continues…
In February 2014, the United Nations' special Commission of Inquiry on on Human Rights in the Democratic People’s Republic of Korea (DPRK) launched their report, laying out more than 400…
Starting from the period after the Korean War and continuing today, more than 100,000 Korean children were adopted around the world. As they get older, many of them decide to…
Much has been said about the power of outside information – news, weather, and even soap operas – to influence the North Korean public. But a new report takes a…
By Anthony Kim With global economic recovery far from secure, many economies are at a critical juncture, and governments face decisive policy choices. Political and economic developments since the economic and financial turmoil in late 2008 have inspired a fundamental rethinking of the social contract between citizens and governments in many parts of the world.…
By Chad 0Carroll Rewind to April 1995, just one year after the death of Kim Il Sung, a nuclear crisis that nearly brought about war, and a time of biting economic hardship. After such a long period of mourning, probably the last thing you would have expected to see taking place would be an international…
By Nicholas Hamisevicz Last month South Korea’s Defense Acquisition Program Administration (DAPA) commissioner Noh Dae-lae stated that DAPA had exceeded its defense exports goals last year and was now attempting to sell over $3 billion defense exports in 2012. South Korea might have hit that $3 billion mark last year if it won a contract…
By Chad 0Carroll Kim Jong-nam made headlines last week with reports suggesting he was not comfortable with the third generation succession to his brother, Kim Jong-un. It wasn’t the first time Kim Jong-nam’s name made the news, with previous reports showing his desire for reform, his unhappiness with DPRK military first policy, and even his…