Asia

Korea’s money market includes the call market as well as markets for monetary stabilization bonds (MSBs), negotiable certifi cates of deposit (CDs), repurchase agreements (repos), commercial paper (CP), and cover…

This article investigates the progress in corporate governance reform in Korea since 1997 as well as current corporate governance challenges. It focuses on corporate governance issues and, as such, does…

According to a preliminary estimate by the Bank of Korea on 4 January 2008, Korea’s per capita gross domestic product (GDP) and per capita gross national income (GNI), which adjusts…

The year 2007 displayed remarkable progress in Korea-U.S. economic relations on many different levels. At the global level, our two countries have worked closely together to meet international challenges. For…

From 1966 to 1981, around 2,000 Peace Corps volunteers lived and worked in South Korea. After returning to the United States, many volunteers wanted a way to share their Korean…

October 2015 will mark 25 years since the official reunification of East and West Germany. Meanwhile, the Korean Peninsula remains divided. South Korean President Park Geun-Hye has referenced Germany many…

The Eugene Bell Foundation has been working in the DPRK for 20 years. Now they focus on multidrug-resistant tuberculosis (MDR-TB), a deadly disease that is incredibly expensive and time-consuming to…

In the recent agreement between Seoul and Pyeongyang to defuse tensions along the DMZ, the two governments included a promise to "vitalize" non-governmental organization (NGO) exchanges in various fields.   …

Zbigniew Brzezinski described South Korea as a geostrategic pivot on the grand chessboard of Eurasia. When President Yoon stated that South Korea could pursue a nuclear weapons program, he started a game of nuclear chess. South Korea’s possession of nuclear weapons on that chessboard is a strategic plan that requires thinking at least three to…

Political Junkies and anxious U.S. citizens watched in awe last week as the United States House of Representatives put on a five-day spectacle of electing the new Speaker of the House.  This surrealistic extravaganza finally concluded with the 15th vote which took place after midnight on January 7th. The election of the Speaker is usually…

Seoul’s Indo-Pacific Strategy has been broadly welcomed by a number of states in the region who view the platform as further aligning with their strategic outlook. It’s in these states’ interests that the Indo-Pacific Strategy is future proof - it won’t be an easy task. On 11 November 2022 in Phnom Penh, President Yoon Seok…

This is the first in a two part series looking at youth employment in Korea. The employment rate for Korean youth (aged 15-29) is well below the OECD average (Figure 1), with negative consequences for the young people concerned and the economy. Youth unemployment and inactivity have a long-term scarring effect that reduces employment rates later…