Displaying all content tagged with the region Asia.
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Asia
Economic relations between Korea and the United States reached new heights in the year 2006 with the launch of negotiations for a bilateral free trade agreement. While the negotiations were…
May 25, 2011
Rapid economic development lifted Korea’s per capita income from 15 percent of the U.S. level in 1970 to approximately half by 2005. Growth has been based primarily on inputs of…
May 25, 2011
The insatiable appetites of banks, insurance companies, pensions, endowments, and high-net-worth individuals make enormous capital possible for private equity funds. The private equity market has become an important source of…
May 25, 2011
The importance of having an efficient labor market is growing because of recent trends such as globalization, the development of information-communication technology (ICT), and the increasing need for foreign direct…
May 25, 2011
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…
September 16, 2014
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…
September 2, 2014
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…
August 8, 2014
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…
July 25, 2014
By Nicholas Hamisevicz Reassure, reaffirm, reengage, and rebalance are all going to be key words used during President Obama’s trip to Japan, South Korea, Malaysia, and the Philippines. This is a very important trip for President Obama. During this visit to Asia, President Obama has to try to make up for the cancellation of a…
April 23, 2014
By Clare Hubbard The official statement regarding President Obama’s April trip to Korea indicates that the main discussion points will be the ongoing implementation of the KORUS FTA, recent developments in North Korea, and reaffirming the U.S.-Korea alliance. However, one main reason for Obama’s trip to the peninsula is missing from the itinerary released by…
April 22, 2014
By Nicholas Hamisevicz The recent ruling by India’s Supreme Court requiring Samsung Electronics chairman Lee Kun-Hee to come to India to face criminal charges connected to the alleged failure of a Samsung subsidiary to pay one of its Indian suppliers is yet another example of how India continues to turn away potential Korean and international…
April 21, 2014
By Kristen Lee During the 1960’s under President Park Chung-hee’s economic stewardship, the founders of today’s chaebol facilitated South Korea’s recovery after the war. These huge family-led business conglomerates became the foundation of the Korean economy and an integral part of Korea’s export-oriented growth. This rapid economic development, known as the “Miracle on the Han…