Asia

In the press conference that followed the Singapore summit in June 2018, President Trump announced that he would stop the “war games” since they were costly and provocative. Subsequent large-scale…

As COVID-19 continues its global spread, the economic implications are anticipated to be significant. Depending on magnitude of spread, the fall in Korea’s real GDP is estimated at between 0.51%…

Under President Moon Jae-in, South Korea has set an ambitious target to move from being “first in the world” in the race to 5G to “first in global quality.” Yet,…

India and South Korea, Asia’s third- and fourth-largest economies, respectively, established a Comprehensive Economic Partnership Agreement (CEPA) in 2010 and upgraded their relationship to a special strategic partnership in 2015.…

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…

What Happened A report from February 2021 identified differences in people’s ability to access private education as a key reason behind differing levels of academic achievement. This achievement gap appears to have accelerated during the COVID-19 pandemic due to remote learning. On August 27, the Mayor of Seoul began offering private online education to students to reduce disparities in academic…

What Happened The ruling Democratic Party’s presidential frontrunner, Lee Jae-myung, faced scrutiny over allegations that Seongnam city extended preferential treatment to a private asset management company during his mayorship. Meanwhile, newspapers broke the story that the same company provided the son of opposition lawmaker Kwak Sang-do with an unusually large severance payout of USD 4.2 million when he changed…

Although the South Korean government strongly advised the public to stay home during Chuseok—Korea’s Thanksgiving—it was estimated that the population movement increased by 5 percent during this year’s holiday compared to the last. As the public eagerly waits for Covid-19 to subside and travel restrictions to be lifted, popular Southeast Asian destinations including Thailand’s Phuket…

What Happened In 2019 July, Japan imposed export restrictions on sensitive chemicals which South Korean industries need to produce semiconductors and electronic gadgets. Japan’s export restrictions by Japan and retaliatory public boycotts on Japanese products from Korean consumers have persisted longer than any other disputes before. Two years after the start of this dispute, Korea is less dependent on Japan for…