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What corresponding changes are being made to the Korea-U.S. economic and trade relationship? If, through the changes of the last decade, our trade relationship has evolved from one narrowly focused…
This paper aims to trace the major changes that took place in the Korean housing market and the housing finance system during the past decade, and also to offer an…
Rocky roads conjure images of pitfalls and jarring bumps on a tortuous journey toward some desired destination, without assurance that some calamity will not bar the way to the hoped-for…
Between winning the election in December 2007 and taking office in February 2008, Lee Myungbak and his administration sketched out a massive reform program that would potentially affect every aspect…
For understandable reasons, the international community has been focused on North Korea's nuclear program, concerned that Pyongyang could have a weapon capable of such massive destruction. But should they also…
Last week, we looked at the details of the new US and UN sanctions against North Korea, delving into the new measures to get at Pyongyang's funding. But will they…
On February 18, President Barack Obama signed into law a new round of sanctions designed to further squeeze the North Korean regime. On March 3, the United Nations Security Council…
Human rights in North Korea remains a divisive issue between the international community and North Korea. In 2013, the United Nations Human Rights Council established Commission of Inquiry on Human…
Russia’s February 2022 full-scale invasion of Ukraine has been one of the defining geopolitical moments of the modern era—and while not as headline grabbing as its ramifications for Europe and the so-called ‘BRICS’ (Brazil, Russia, India, China, South Africa) agenda, its impact on the Korean Peninsula has been profound. Vladimir Putin’s war has significantly impacted…
This week, South Koreans will head to the polls to elect their legislative representatives. The National Assembly election is often seen as a barometer for the public's sentiment towards the sitting president and the ruling party. In 2020, the Democratic Party of Korea won an unusual landslide during a global pandemic, strengthening President Moon Jae-in’s…
The United States North Korea Human Rights Act was originally adopted by Congress and signed by President George W. Bush on October 18, 2004. The legislation called for appointment of a Special Envoy for North Korea Human Rights and gave directives for US government agencies to encourage human rights in the North. The legislation authorized…
After North Korea's diplomatic outreach to Russia last year, observers are wondering if Japan will be the next target of its engagement. In January, Chairman Kim Jong-un issued a rare message of condolence after an earthquake devastated the Noto Peninsula in northern Japan. The Japanese side acknowledged the message, and Prime Minister Kishida Fumio reiterated…