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.…

  With the recent retirement by Yi So-yeon, South Korea’s remaining astronaut, many have turned attention to Korea, wondering whether there is a future for its space program. According to Daniel Pinkston of the…

      Since the famine of the 1990s, North Korea has continued to face periods of chronic food shortages. However, the humanitarian needs of the people in North Korea…

    North Korea has engaged in various forms of economic reforms and marketization attempts such as establishing Special Economic Zones and obtaining Foreign Direct Investment. Yet, many of North…

    In this episode, we talk with Dr. Yiagadeesen Samy of Carleton University on income inequality in South Korea and its affect on Korea’s economy. Dr. Samy is an economist…

Selection of Q2 US-Korea Partnerships   Date American Entity Korean Entity Project Location June 24 Exxon Mobil SK On MOU for Exxon Mobil to supply SK On with up to 100,000 tons of lithium for EV batteries. Arkansas June 20 Philly Shipyard Hanwha Purchase agreement for Hanwha to acquire ownership of Philly Shipyard for $100…

The number of defectors fleeing North Korea and resettling in South Korea remains at very low levels. The number had begun to decline before 2020, but the COVID-19 pandemic led Pyongyang to enforce harsher border controls to prevent North Koreans (and others) from entering the country from abroad and potentially bringing the virus with them.…

Korea stands out for its long life expectancy of 83.6 years as of 2021, the second longest among the 38 countries that are members of the OECD. In addition, its avoidable mortality rate (premature death from preventable and treatable causes) was 142 per 100,000 persons, well below the OECD average. Expanded access to healthcare has…

The announcement of a “comprehensive strategic partnership” following the North Korea-Russia summit has raised alarm in South Korean domestic politics. A South Korean presidential official has stated that Seoul will reconsider its policy of not providing lethal aid to Ukraine while a left-leaning media outlet stated that the new partnership indicates the failure of the…