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Asia
This past year—2007—was another solid one for Korea’s economy. Buoyed by continued strong exports and a pickup in domestic demand, real GDP is estimated to have grown by nearly 5…
May 25, 2011
The year 2007 demonstrated more clearly than ever that external economic engagement provides a chance to help convince North Korea to abandon isolation and take specific actions toward denuclearization that…
May 25, 2011
On 30 June 2007, United States Trade Representative Susan C. Schwab and Republic of Korea Trade Minister Kim Hyun-chong signed the United States-Korea Free Trade Agreement (KORUS FTA), an encompassing…
May 25, 2011
As the first decade of the twenty-first century nears an end, distinct patterns are emerging in the global trading system. The Doha Development Round remains stalled and has begun to…
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 2012 is a year of elections and leadership transitions in Asia. Taiwan was set to have the honor of kicking things off, but the death of Kim Jong-il in late December placed much of the early year’s attention on only the second transition in North Korea. In Taiwan, Democratic Progressive Party (DPP)…
January 17, 2012
By Greg Scarlatoiu North Korea recently announced a special amnesty to prisoners, the first in over six years, to be issued beginning on February 1, in observance of Kim Jong-il’s birthday on February 16 and in anticipation of the 100th anniversary of the birth of Kim Il-sung. The announcement came only two days after the…
January 16, 2012
By Nicholas Hamisevicz, Sarah K. Yun, Chad O'Carroll, and Troy Stangarone Last year saw significant changes on the Korean peninsula. While 2011 ended with the surprise death of Kim Jong-il and the beginning of succession to Kim Jong-un, last year also saw Korea become one of only nine nations to surpass $1 trillion in total…
January 11, 2012
By Ben Hancock South Korea made an appearance in this past Sunday’s New York Times list of 45 must-visit travel destinations for a surprising reason -- golf courses. No one could quibble with the fact that Korea has churned out more than its fair share of club-wielding pros (Pak Se-ri and K.J. Choi come quickly…