Displaying all content tagged with the region Asia.
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Asia
The financial panic of late 2008 and the global economic recession that followed has been the greatest economic shock since World War II. While North Asia was caught up in…
May 25, 2011
East Asia is an area where real economic activities are closely linked. The brisk trade in goods and services among East Asian countries shows a well-integrated East Asian economy. Most…
May 25, 2011
A common problem facing students of the economy of the Democratic People’s Republic of Korea (DPRK) is the shortage of available statistics. It is extremely challenging to procure DPRK data,…
May 25, 2011
In the wake of the fall of Lehman Brothers, in the fourth quarter of 2008 and the first quarter of 2009 Korea was faced with its biggest economic challenge since…
May 25, 2011
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…
March 17, 2016
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…
March 11, 2016
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…
March 4, 2016
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…
February 25, 2016
March saw President Yoon Suk Yeol make significant efforts to realize his campaign goal of rehabilitating relations with Japan. After a trip to Tōkyō to meet with Prime Minister Kishida Fumio, the president told his Cabinet that the two countries must look towards the future. “Korea-Japan relations can and must be a win-win relationship that…
April 6, 2023
On March 30, the South Korean Ministry of Unification published a 450-page report on human rights abuses in North Korea. The report was drafted in accordance with the provisions of South Korea’s North Korea Human Rights Act of 2016, which specifies that the Ministry of Unification shall produce an annual report on human rights in…
April 3, 2023
The OECD’s March Interim Economic Outlook projects that Korea’s real GDP will increase by 1.6% in 2023, matching the Bank of Korea’s February forecast. The new projection is a slight downward revision from the OECD’s November 2022 outlook in the context of below-trend global economic growth. The impact of the war in Ukraine and high…
March 31, 2023
The Tokyo summit that brought together South Korean President Yoon Suk-yeol and Japanese Prime Minister Fumio Kishida on 23 March 2023 successfully cleared away much of the accumulated debris of the last five years of dysfunctionality. The two-day official visit — the first by a South Korean president in a dozen years — checked off…