Asia

Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…

Korea is in the midst of the most rapid demographic transition of any member country of the Organization for Economic Cooperation and Development (OECD); the share of Korea’s population older…

There are few areas about which there is a greater range of opinions among international monetary experts than the issue of exchange rate regimes. Eminent economists can be found who…

In 2005, the Korean government implemented a number of new financial policies. Of those, two policy measures deserve special attention because of their potentially significant impact on domestic financial markets.…

  When Marja Vongerichten was 19, she met her birth mother for the first time since being adopted at age three. The first thing they bonded over, Marja says, was…

Born in Brooklyn, Chef Edward Lee always loved cooking. And after graduating from college with an English literature degree, he returned to that love and became an award-winning chef. Not…

In the decades following the Korean War, North Korea initiated a top-secret project to kidnap ordinary people from Japan, reeducate them, and turn them into international spies for the regime.…

Every year on January 13, the Korea Economic Institute of America (KEI) sponsors a luncheon in Washington, DC to mark Korean American Day and recognize the local and national Korean…

By Sarah K. Yun  In light of the uncertainties following the death of Kim Jong-il, China has stepped to the forefront as the first foreign player to express lavish condolences to the North Korean government.  Understanding China’s actions and words will be an important piece in the North Korea puzzle as events unfold on the…

By Jack Pritchard I am not sure why, but I was listening to a radio psychic for a few minutes last night.  She started off by telling the caller that she had a strong sense that he had a teenage daughter. When told no, he had two twenty-something sons and that one was gay, the…

By Troy Stangarone The sudden death of Kim Jong-Il has created the potential for significant uncertainty surrounding both the North Korean leadership and North Korean intentions. While all signs pointed to Kim Jong-un as the designated heir after the 2010 Party Conference, it is unclear if the succession process has fully taken hold and how…

By Nicholas Hamisevicz After Kim Jong-il suffered a stroke in 2008, the transition process appeared to quicken the pace to prepare for a North Korea after the Dear Leader. Now that Kim Jong-il has died, the world will see if the pieces were put into the correct spots for a successful transition of power, especially…