Asia

The financial panic of late 2008 and the global economic recession that followed has been the greatest economic shock since World War II. While North Asia was caught up in…

East Asia is an area where real economic activities are closely linked. The brisk trade in goods and services among East Asian countries shows a well-integrated East Asian economy. Most…

A common problem facing students of the economy of the Democratic People’s Republic of Korea (DPRK) is the shortage of available statistics. It is extremely challenging to procure DPRK data,…

In the wake of the fall of Lehman Brothers, in the fourth quarter of 2008 and the first quarter of 2009 Korea was faced with its biggest economic challenge since…

  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 Troy Stangarone South Korea’s ambition to become a regional free trade hub in East Asia took another step towards reality as South Korea and China announced the outline of a conclusion of their bilateral FTA negotiations at the opening of the 2014 APEC summit. Once the FTA has been implemented, Korea will find itself…

By Adam Cathcart As the rest of the world gets accustomed to seeing Kim Jong-un walk with a cane, we might do well to figure out what, if anything, is changing about the way that the broader North Korean state engages with the economic powerhouses that engulf its southern and northern peripheries. KEI's Director of…

By Nicholas Hamisevicz After not being seen in public for over a month, surely Kim Jong-un would be at the 69th anniversary celebrations for the founding of the Workers’ Party of Korea today. But, there was no sighting. The conspicuous absence of Kim Jong-un will continue to fuel speculation about his health, about the current…

By Nicholas Hamisevicz In a surprising move, North and South Korea held a high level meeting shortly before the closing of the Asian Games. While Kim Jong-un’s whereabouts are still unknown, the perceived number two official in North Korea, a closely connected leader with Kim Jong-un, and the person in charge of North Korean relations…