Asia

Korea’s regulatory environment is often cited as being one of the most difficult aspects of doing business in Korea. Among the various regulations that foreign invested companies and foreign investors…

Well-functioning capital markets should encourage private saving and investment by channeling surplus funds to reach their most productive uses. In the process, well-functioning capital markets create a diverse menu of…

During the 1972 U.S. presidential campaign, “Deep Throat,” later revealed to be Associate Director Mark Felt of the FBI, counseled Washington Post journalists Bob Woodward and Carl Bernstein to “follow…

After the Asian financial crisis of 1997, the Korean government geared up to carry out financial restructuring. As a result, the number of domestic financial institutions stood at almost half…

With the Korean Wave crashing all over the world, more and more people are getting swept up in Korean pop culture. Through taekwondo classes, movie screenings and even art exhibitions, the…

On a frozen day in December, 1950, as the Korean War raged below him, Jesse Brown crash landed on a North Korean mountainside. A few minutes later, Tom Hudner followed…

Starting on October 20, 2015, a group of South Koreans will have the chance to cross the DMZ to meet with brothers, sisters, nephews, nieces, and other family members that…

On October 16, 2015, President Park Geun Hye and President Barack Obama will hold a summit meeting, where they are expected to address a range of issues concerning South Korea…

By Troy Stangarone In the aftermath of last spring’s shutdown of the Kaesong Industrial Complex, the Park administration has sought international investment to serve as a bulwark against future actions by North Korea that would endanger Kaesong’s operations. While finding ways to raise the cost of a future shutdown for North Korea is a sensible…

By Nicholas Hamisevicz South Korean President Park Geun-hye travelled to India this week for her first overseas trip in 2014. After meeting with Indian Prime Minister Manmohan Singh on January 16, the two sides issued a “Joint Statement for Expansion of the Strategic Partnership.” Expansion is an accurate way to describe current relations between South…

By Nicholas Hamisevicz It is the start of a new year, which means it is time to start parsing through North Korea’s New Year’s message. Like last year, Kim Jong Un delivered the New Year’s message in a speech. These are the first major policy guidelines and ideas announced since the purge of his uncle,…

By Troy Stangarone In a sense, the events of 2013 on the Korean peninsula began in December of 2012. In the days leading up to South Korea’s presidential election, North Korea successfully put its first satellite in orbit, defying UN prohibitions on long-range missile tests. Less than a week later, South Korea would elect Park…