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.…

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…