1928 Posts located
In recent years, North Korea has faced economic shocks from UN sanctions and the pandemic. As Dr. Jongkyu Lee (Senior Fellow at the Korea Development Institute) writes in his new…
Following a record number of North Korean missile launches, as well as tests by South Korea, assertions have been widely and uncritically made that Seoul is participating in an inter-Korean…
Although the Korean Peninsula has been divided for over 70 years, North and South have not been able to make lasting progress in terms of reconciliation. While there are multiple…
Why is South Korea pilot-testing its Central Bank Digital Currency (CBDC), and what made it shift from non-issuance to consideration? This paper investigates the Bank of Korea (BOK)’s CBDC-related developments…
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…
Newly inaugurated president Yoon Suk Yeol made his international debut at the NATO summit held in Madrid, Spain. South Korea and three other Indo-Pacific states were invited to summit ahead of publication of the alliance's new "strategic concept," that mentions China for the first time. Experts say South Korea can expand its longstanding relations with…
In the last two posts on Korea and the war in Ukraine, I showed that Moon administration moved relatively quickly to join the international sanctions regime and was rewarded by inclusion on Russia’s "unfriendly nations" list. I also argued that the costs of standing on international legal principle were softened by the fact that the…
The OECD Economic Outlook, released on June 8th, projected that real GDP growth in OECD countries would drop by half from 5.5% in 2021 to 2.7% in 2022. The new projection is a sharp reduction from its December 2021 Outlook, which projected growth of 4.5% growth this year. With inflation expected to rise from 3.7%…
Over the last half decade, the Korean Peninsula has seen the prospect of war during Donald Trump’s period of “fire and fury,” but also a period of negotiations that resulted in a series of North-South and U.S.-North Korea summits. While war was avoided, those efforts at negotiation ultimately failed. The aftermath of those failed negotiations,…