Displaying all content tagged with the region Asia.
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Asia
The financial panic of late 2008 and the global economic recession that followed has been the greatest economic shock since World War II. While North Asia was caught up in…
May 25, 2011
East Asia is an area where real economic activities are closely linked. The brisk trade in goods and services among East Asian countries shows a well-integrated East Asian economy. Most…
May 25, 2011
A common problem facing students of the economy of the Democratic People’s Republic of Korea (DPRK) is the shortage of available statistics. It is extremely challenging to procure DPRK data,…
May 25, 2011
In the wake of the fall of Lehman Brothers, in the fourth quarter of 2008 and the first quarter of 2009 Korea was faced with its biggest economic challenge since…
May 25, 2011
This spring, Han Kang became the first Korean author to win the prestigious Man Booker International Prize for her novel, "The Vegetarian." And, for the first time in the prize's…
October 15, 2016
North Korea recently experienced one of the worst natural disasters in its history, as flood waters swept through towns in the northeast part of the country. Up to 600,000 people…
October 7, 2016
Middlebury College, famous for its immersive language programs, added Korean as its 11th language in 2015. Now, after two summers, the School of Korean is helping students from a variety…
October 3, 2016
With the goal of supporting the next generation of scholars interested in Korea and Northeast Asia, the U.S.-Korea Next Gen Scholars Program brings together young professionals from various backgrounds to…
September 23, 2016
South Korea’s political vacuum has been filled by a politician with a mandate to lead but who faces innumerable simultaneous and overlapping domestic and international challenges. Democratic Party candidate Lee Jae-myung won South Korea’s snap election on June 3, 2025, in a race that was never seriously in doubt. Buoyed by a sizable majority in…
June 4, 2025
On May 20, 2025, the UN General Assembly held its first-ever “high-level session” devoted to the human rights abuses of North Korea. This latest action ups the ante in calling for reform of North Korea’s abysmal human rights record. Every year since 2004, the General Assembly has adopted resolutions criticizing North Korea and calling for…
June 3, 2025
South Korea’s Nextrade exchange—the country’s first alternative trading system to the long-dominant Korea Exchange (KRX)—debuted in March 2025. Nextrade extends trading hours, introduces lower transaction fees and increases product variation within capital markets. The persistent undervaluation of South Korean stocks compared to their Asia-Pacific counterparts is a phenomenon known as the ‘Korea discount’. By increasing…
June 3, 2025
On May 29, 2025, in what will likely be his last public speech as a government official, South Korean Foreign Minister Cho Tae-yul reviewed the accomplishments of and challenges faced by the Yoon Suk Yeol administration. Cho noted the challenges of navigating deepening international conflict and geopolitical rivalry. In addition, as a cabinet member in…