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…

By Juni Kim North Korea watchers have been busy for the last few days thanks to the high-profile defection of DPRK’s second-in-command in London, Thae Yong-Ho. While information will continue to emerge about Thae and his motivations, here are five interesting facts that we know thus far.   He defected with his family Thae was…

By Jiwon Nam Trans Pacific Partnership (TPP) is a trade agreement among twelve Pacific Rim countries. TPP originated with countries including Singapore, Brunei, New Zealand and Chile in 2005 as Trans-Pacific Strategic Economic Partnership Agreement, which were later joined by eight additional countries. The final agreement was signed by the twelve initial members on February…

By Caleb Cho According to a South Korean News Agency, Choe Ryong-hae, vice chairman of North Korea’s Worker’s Party Central Committee, was sent to Brazil along with 31 athletes for the Rio Olympic Games.  Given the fact that North Korea has been so isolated from international community for decades and the number of athletes representing…

By Caleb Cho and Hojun Song In London in 2012, the South Korean team walked away with 28 medals, placing them fifth in the medal count. This year, they are expected to rake in a similar number of medals, with the Peterson Institute's Marcus Noland projecting they will capture 30. Below, find our list of…