Asia

Economic relations between Korea and the United States reached new heights in the year 2006 with the launch of negotiations for a bilateral free trade agreement. While the negotiations were…

Rapid economic development lifted Korea’s per capita income from 15 percent of the U.S. level in 1970 to approximately half by 2005. Growth has been based primarily on inputs of…

The insatiable appetites of banks, insurance companies, pensions, endowments, and high-net-worth individuals make enormous capital possible for private equity funds. The private equity market has become an important source of…

The importance of having an efficient labor market is growing because of recent trends such as globalization, the development of information-communication technology (ICT), and the increasing need for foreign direct…

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 Jaeho Jeon The South Korean economy is drifting like a ship which has lost its captain while the ‘Choi Soon-sil Scandal,’ a civilian who has no official title, has shaken South Korea for over a month. President Park Geun-hye's approval rating has fell to 4 percent, an all-time low for elected Presidents in South…

By Troy Stangarone The United Nations (UN) sanctions on North Korea’s fourth nuclear test were flawed. The March sanctions were intended to limit North Korea’s ability to export coal, the most significant licit source of the hard currency that the regime has to fund its nuclear weapons and missile programs, while also not precipitating a…

By William Brown Kim Jong-un has been unusually silent about the election of Donald Trump.  Does this represent fear of how a tough new U.S. administration might react to his usual posturing or indecision as to how to proceed with his dual nuclear weapons and economic development programs?  Perhaps Kim feels his plans are progressing…

By Sungeun (Grace) Chung Maintaining peaceful and cooperative international relations has become exceptionally important in a global society. There are two means that a nation can use to influence the preferences of international audiences: hard power and soft power. While exercising hard power is associated with the use of military and economic compulsion, soft power…