Asia

Monetary and Exchange Rate Policy in Declining Centrally Planned Economies and in Early Transition Economies: Some Observations of North Korea

North Korean Economic Reform: An Uncertain Future for a Third-Way Exploration

China's Impact on the Korean Economy

In 2005, the Korean ambassador to China was excited about the completion within five years of the target trade volume of over $100 billion with China, which was set by…

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…

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…

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…

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…

Korea’s healthcare spending in 2000 was the lowest among the 38 OECD countries at less than 4 percent of GDP, reflecting the country’s relatively young population and the limited coverage of its National Health Insurance (NHI). However, adjusted for inflation, healthcare spending grew at an annual rate of 7.7 percent from 2000 to 2022, the…

South Korean President Yoon Suk-yeol offered a dramatically different vision of Korean unification in his Liberation Day speech on August 15, an annual observance in South Korea that marks the end of Japanese colonial rule over the Korean Peninsula. In his speech, President Yoon framed unification as completing the unfinished task of liberation and the…

The transformation of relations between South Korea and Japan during the past two-plus years is one of the signal accomplishments of the Yoon Suk-yeol administration. However, there remain doubts over the durability of this achievement. A troubling question remains whether the historical past of Japan’s colonial rule over Korea will again roil relations. The ongoing…

US-South Korea-Japan trilateral cooperation has been on an upswing since the Spirit of Camp David joint statement, published after US President Joe Biden hosted South Korean President Yoon Suk Yeol and Japanese Prime Minister Kishida Fumio at the eponymous presidential retreat in August 2023. “We commit to expand our cooperation trilaterally and raise our shared…