Asia

In September 2008, reports began to circulate in the world media that Chairman Kim Jong-il might be in serious condition after having suffered a stroke, and discussion on possible post-Kim…

Despite the clear benefits of KORUS FTA for the United States and Korea, it has been stalled for nearly 18 months due to disputes over U.S. beef and the sale…

In important respects this conference reflected two somewhat contrasting perspectives on the just completed U.S.-Korea Free Trade Agreement (KORUS FTA). Those two perspectives, the one dealing principally with specifically economic…

The global crisis that was ignited by the meltdown in the U.S. subprime mortgage market is a dramatic illustration of just how interdependent our economic and financial systems have become.…

This week, we delve into how Japan views the security threat from China, and how these perceptions shape Japanese policy. For this, we turn to security expert Dr. Narushige Michishita.…

Last week, North Korea launched its Seventh Worker's Party Congress, a major meeting of regime leaders that has not been convened in 36 years. Although analysts had high expectations for…

In this episode, we take a step back from the Korean Peninsula and take a look at Northeast Asia from the perspective of one of its neighbors – Russia. In…

On May 1, South Korean President Park Geun-hye will travel to Tehran, Iran for a summit meeting with her counterpart, President Hassan Rouhani. This visit will be the first time a…

On August 13, South Korea and Vietnam celebrated the completed construction of the Vietnam-Korea Cooperation Center for Smart City and Construction Technology (VKC) in Hanoi. The VKC is symbolic in that it represents renewed bilateral cooperation following the COVID-19 pandemic and because it has withstood a shift in South Korean administrations. The center was initially…

Last Thursday, Korean chipmaker SK Hynix made history by developing a 10-nanometer (nm) transistor process for 16 GB Double Data Rate 5 (DDR5), the latest iteration of dynamic random-access memory (DRAM) chips. By allowing for greater memory capacity and processing speeds for the corresponding central processing units (CPUs) that are used for cloud computation, this…

“You can either buy clothes or buy pictures.” (Gertrude Stein) The air will be filled with a different kind of buzz in Seoul this week as it hosts the third annual international art fair, Frieze Seoul. Over 110 leading art galleries worldwide will assemble for four days at the COEX Convention and Exhibition Center in…

The public sector financed 76 percent of healthcare in OECD countries in 2021 using compulsory health insurance and government programs (Figure 1, Panel A). Korea is an outlier in this regard, as only 62.3 percent of its health expenditures were covered through mandatory financing schemes. The low share of mandatory financing in Korea was offset…