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In the aftermath of the Global Financial Crisis, the multilayered international financial governance regime has been strengthened. In East Asia, this regime includes an ASEAN+3 regional layer designed to complement…
Dear Readers, With the 31st edition of Korea’s Economy, we have turned our focus to Northeast Asia where China and Japan represent two of South Korea’s most important trading partners.…
The ROK-Japan relationship seemingly found a floor after the downward spiral that marked the end of the Lee Myung-Bak presidency and the first three years of President Park Geun-hye. Seoul…
This report conducts an analysis of the corporate bond market in Korea and the changes in interest rates and term structure since the 1997 Asian financial crisis. The potential risks…
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…
By Chad 0'Carroll This Friday South Korea will make a new attempt at launching a satellite using the Korea Space Launch Vehicle-1 (KSLV-1). If it is successful, the ROK will become the eleventh country in the world to have developed a national capability to send objects into orbit. But after its two previous failures, this…
By Seongjin James Ahn Recently, South Korean music artist PSY projected himself into international fame with “Gangnam Style”, a song and music video that went viral online and parodies the opulent lifestyles of Seoul’s upper class – and of those who try to imitate it. While both humorous and entertaining, PSY’s song ultimately points to…
The latest polling data from the Asan Institute for Public Policy includes the Institute's first results since Ahn Cheol-soo officially declared for the presidency. While Park Geun-hye has opened up a 10 point lead against Ahn and Moon Jae-in, she trails Ahn in a head-to-head race and is essentially tied with Moon.
By Nick Miller The Korean Times reported on September 7th that Kim Jong-il’s sister, Kim Kyong-hui, was in ill health stemming from her past abuse of alcohol. Kim Kyong-hui serves as one of the guardians of Kim Jong-un along with her husband Jang Song-taek. After Kim Jong-il’s suffered a stroke in 2008 he had to…