Asia

During the two-year period since the outbreak in August 2007 of the U.S. subprime crisis, Korea has felt its severe effects: Korea’s economy contracted sharply and experienced a liquidity crisis.…

There is certainly a place for regionalism in Northeast Asia.1 It already exists in various amorphous ways, but regional identity is relatively weak in Northeast Asia, and for this and…

The rise of China means that the regional (not global) power structure is shifting from unipolarity to bipolarity. Whether this is a positive or negative development depends on a particular…

The dramatic events of recent months—and, above all, North Korea’s second nuclear test and long-range missile launch—demonstrated once again that the Barack Obama administration and the international community at large…

  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 Chad O'Carroll With North Korea having conducted two long range rocket launches in a year, many analysts have been speculating as to why Pyongyang was so keen to try another launch just months after the last one ended in catastrophic failure. One straightforward theory suggests Pyongyang wants an inter-continental ballistic missile capability and that…

Independent candidate Ahn Cheol-soo withdrew from the South Korean presidential race Friday, giving his support to fellow left-leaning hopeful Moon Jae-in. This development clears the way for Moon Jae-in to face Park Geun-hye, the candidate for the governing Saenuri Party. Until Friday, Ahn had been working with Moon, of the Democratic United Party, to merge their…

By Seongjin James Ahn With the presidential elections in the U.S. now over, South Korea has turned its attention to the political transition occurring in China.  This week the Chinese Communist Party (CCP) is set to reveal its new leadership roster for the next ten years, and regardless of who comes into power, South Korea…

By Gilbert Rozman Much is made of dynastic succession, of long periods when the organs of communist party rule are moribund, and of the military first policy in North Korea. To many, these are incompatible with the communist system. Yet, the meaning of this system keeps changing from Karl Marx to contemporary Chinese rule. Taking…