Asia

Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…

Korea is in the midst of the most rapid demographic transition of any member country of the Organization for Economic Cooperation and Development (OECD); the share of Korea’s population older…

There are few areas about which there is a greater range of opinions among international monetary experts than the issue of exchange rate regimes. Eminent economists can be found who…

In 2005, the Korean government implemented a number of new financial policies. Of those, two policy measures deserve special attention because of their potentially significant impact on domestic financial markets.…

This week, we have a very special guest who flew in from Paris to talk about Korea's economy. Dr. Randall Jones is head of the Japan/Korea Desk at the Organization…

As Seoul has grown, it has become more and more international. The city has been making an effort to attract more foreign visitors, whether as tourists, students or workers. This…

Over the last 50 years, Myanmar has oscillated between periods of friendship with South Korea and partnership with North Korea. As Myanmar opens to the international community, however, investment and…

Anyone who has spent time in Korea knows the term Yellow Dust. Sand from Mongolia sweeps across China, picking up pollutants and carrying them across borders. Every spring, Koreans bring…

Labor market dualism – the segmentation between regular and non-regular workers -- is deeply entrenched in Korea’s labor market. Regular workers receive higher wages and social insurance coverage and a high degree of job security, while non-regular workers receive lower wages, are less likely to be covered by social insurance and work in precarious jobs.…

Last month was the fifth anniversary of North Korea's assassination of Kim Jong-nam using VX, a deadly nerve agent. On 13 February 2017, the half brother of Chairman Kim Jong-un was attacked by North Korean proxies in the Kuala Lumpur International Airport in Malaysia. Experts say that the deployment of a horrific weapon outside of…

In a previous post, we asked the question of whether the Korean electorate was becoming more polarized, looking at the ideological differences across all citizens and those who identified most strongly with the two major parties. Our findings were that politics was becoming somewhat more polarized, but more sharply among partisans than the general public.…

The New Southern Policy (NSP) is considered one of President Moon Jae-in’s signature foreign policies, along with the New Northern Policy (NNP). It was implemented in November 2017 shortly following his inauguration to foster stronger diplomatic and economic ties with Southeast Asia and India,[1] and consequently bolster South Korea’s independence in leading its foreign relations.…