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…

In the latest public opinion poll from the Asan Institute for Policy Studies Park Geun-hye and Ahn Cheul-soo remain in a neck and neck race. While in a two way race between Park and Moon Jae-in, Park has opened up a 5 point lead. In the race to determine who will represent the progressive side,…

By Nick Miller Main Actors within North Korea Decision Making North Korea’s political structure is a set of institutions built to sustain the Kim family. The Korean Worker’s Party (WKP) and other state agencies were designed by Kim Il-sung and Kim Jong-il to be used to play rivals off one another and assist him in…

By Chad 0'Carroll This Friday South Korea will make a new attempt at launching a satellite using the Korea Space Launch Vehicle-1 (KSLV-1). If it is successful, the ROK will become the eleventh country in the world to have developed a national capability to send objects into orbit. But after its two previous failures, this…

By Seongjin James Ahn Recently, South Korean music artist PSY projected himself into international fame with “Gangnam Style”, a song and music video that went viral online and parodies the opulent lifestyles of Seoul’s upper class – and of those who try to imitate it.  While both humorous and entertaining, PSY’s song ultimately points to…