Asia

In the aftermath of the Global Financial Crisis, the multilayered international financial governance regime has been strengthened. In East Asia, this regime includes an ASEAN+3 regional layer designed to complement…

Dear Readers, With the 31st edition of Korea’s Economy, we have turned our focus to Northeast Asia where China and Japan represent two of South Korea’s most important trading partners.…

The ROK-Japan relationship seemingly found a floor after the downward spiral that marked the end of the Lee Myung-Bak presidency and the first three years of President Park Geun-hye. Seoul…

This report conducts an analysis of the corporate bond market in Korea and the changes in interest rates and term structure since the 1997 Asian financial crisis. The potential risks…

North Korea is putting on a tough face as the world confronts the COVID-19 pandemic. Authorities in Pyongyang continue to reassure the rest of the world that nothing is wrong…

Looking back on the Korean War, one might assume that the outbreak of a violent conflict that killed millions of people would preclude the possibility of a peaceful resolution of…

It would not be an exaggeration to claim that the Korean War shaped world history. There had been bloodshed elsewhere that bookmarked the start of the bitter conflict between the…

The international force that answered the United Nation’s call to defend the Republic of Korea between 1950 and 1953 did more than engage in combat with North Korean and Chinese…

By Jenna Gibson It’s official – new numbers from March confirm that China’s THAAD retaliation has significantly cut into South Korea’s tourism industry. According to new data released today by the Korea Tourism Organization, the number of Chinese tourists arriving in South Korea fell 40 percent year-on-year in March 2017. Only 360,782 Chinese visitors came…

This is the first in a series of blogs looking at South Korea's foreign relations in the run up to the next Korean administration taking office on May 10. The series also includes blogs on relations with North Korea, the United States, Japan, Russia, the European Union, the Middle East, ASEAN, Africa, and Latin America. By Mark…

By Troy Stangarone Full first quarter data on trade between North Korea and China is not yet available, but data released by China’s General Administration of Customs raises interesting questions in regards to ongoing trade between China and North Korea. According to reports, total trade with North Korea grew 37.4 percent in the first quarter…

By Juni Kim The fallout from President Park Geun-hye’s impeachment has dramatically altered the state of conservative politics in South Korea. Despite two successive conservative presidencies and holding majority control of the South Korean National Assembly over most of the past decade, conservative politicians are now dealing with two fractured parties and no clear presidential…