Asia

The year 2010, which is when the Korean economy recovered from the 2008 global financial crisis, seems to have been the turning point to rerecognize China’s importance in many respects.…

As the economy of the Democratic People’s Republic of Korea becomes increasingly isolated, it depends more and more on the People’s Republic of China for survival and development. The PRC…

Fundamental changes to the nature of politics inside China’s Communist Party are occurring at the same time Beijing and Pyongyang work out a new relationship. These developments are already affecting…

Incredible change in the global economy over the past decade has shattered virtually everyone's expectations of what the next fifty years will look like, and Korea is no excpetion. The…

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 Troy Stangarone Years ago, The Economist developed the Big Mac Index to track how much a MacDonald’s Big Mac cost in countries around the world. The idea was to provide an understandable measure for purchasing power parity across countries since the Big Mac is a basic commodity that has spread across the world. Of…

By Nicholas Hamisevicz A new report with satellite images shows North Korea’s progress constructing a new light water reactor at Yongbyon. The North Koreans revealed the facility to Ambassador Jack Pritchard, KEI’s President, and in subsequent weeks, Dr. Siegfried Hecker of Stanford University in November 2010. Dr. Hecker in his trip report expressed his surprise…

By Troy Stangarone Despite the financial crisis of 2008, the global downturn that followed in 2009, and a year of tension between North and South Korea, the Kaesong Industrial Complex has been remarkably resilient. New numbers from the Ministry of Unification show that production at the complex was up 38 percent in September from a…

By Troy Stangarone During the Cold War, Russia served as North Korea’s primary trading partner and provider of security guarantees. As the Cold War came to an end, however, Russia reoriented its foreign policy towards the West and relations with North Korea were downgraded as Moscow sought closer ties with Seoul. That may be changing.…