1983 Posts located
The financial panic of late 2008 and the global economic recession that followed has been the greatest economic shock since World War II. While North Asia was caught up in…
East Asia is an area where real economic activities are closely linked. The brisk trade in goods and services among East Asian countries shows a well-integrated East Asian economy. Most…
A common problem facing students of the economy of the Democratic People’s Republic of Korea (DPRK) is the shortage of available statistics. It is extremely challenging to procure DPRK data,…
In the wake of the fall of Lehman Brothers, in the fourth quarter of 2008 and the first quarter of 2009 Korea was faced with its biggest economic challenge since…
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 Nicholas Hamisevicz Earlier this week the United Nations Security Council (UNSC) finally responded to North Korea’s December 12th rocket launch with a new resolution. Predictably, North Korea reacted angrily with statements, including one attributed to its National Defense Commission (NDC). The NDC statement specifically targeted the United States as a problem and as a…
By Seongjin James Ahn While some were disappointed earlier this month that South Korea’s central bank decided against easing up on nation’s key interest rate, the Bank of Korea’s decision is exactly what the economy needs in this moment: prudence and restraint. Indeed, lowering the interest rate would have helped spur on South Korea’s economy…
By Nicholas Hamisevicz As countries in Asia emerge from this year of elections and transitions, the role and rise of China in the region will remain a top priority. For most of these countries, significant emphasis has been placed on the importance of positive U.S.-China relations in the region. This is especially true for South…
By Nicholas Hamisevicz A year of transitions finishes in historic fashion as South Korea elects Park Geun-hye as its first female president. Her election capped off a series of democratic presidential elections that featured nicely at the beginning and end of this year of transitions, leading off with Ma Ying-jeou winning reelection in Taiwan. Yet…