Displaying all content tagged with the region Asia.
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Asia
With negotiations running down to the wire, Korean and American negotiators announced that they reached a deal just before President George W. Bush’s trade promotion authority expired at 11:59 pm…
May 25, 2011
While foreign direct investment (FDI) into South Korea has been waning, outward Korean investment has been robust over the past year. According to The Korea Times, foreign investment in Korea…
May 25, 2011
This past June, President Bush made a series of telephone calls to leaders in the region calling on them to use their influence with Pyongyang in an effort to halt…
May 25, 2011
Korea’s labor unions are known for their militancy. This characteristic is believed to be the result of past political repression and perceived economic inequality. Since the 1960s, Korea has achieved…
May 25, 2011
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…
July 24, 2020
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…
July 10, 2020
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…
July 3, 2020
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…
June 26, 2020
The Ukraine accounts for 11.8% of the world’s wheat market and has long been known as the “breadbasket of Europe.” However, the potential outbreak of conflict between Russia and the Ukraine has implications for Ukraine’s wheat trade with all nations, including South Korea. The Ukraine is the 2nd largest exporter of wheat to South Korea,…
February 18, 2022
North Korea’s Supreme People’s Assembly, the country’s parliament, adopted the government budget for the new year at its session February 6-7. The budget law was approved with a pledge to develop the economy and improve the people’s wellbeing despite the “persevering struggle” against international sanctions and the COVID pandemic. A particularly noteworthy aspect of the…
February 15, 2022
This post was revised on August 21 , 2023 to reflect additional research by the authors. Additional analysis can be found in authors' article Political Polarization in Korea. Korea’s democracy is clearly a success story. Along with Taiwan, it is one of the few Asian countries that transitioned to democratic rule in the 1980s and…
February 10, 2022
One of the most prominent policy and social problems plaguing the Republic of Korea today is a declining birth rate. The nation fell below the replacement fertility rate of 2.1 in 1983 and rested at 0.84 at the end of 2020. This sustained decline has negative implications for economic growth in the long run as…