Asia

Korea is in the midst of the most rapid demographic transition of any member country of the Organization for Economic Cooperation and Development (OECD); the share of Korea’s population older…

There are few areas about which there is a greater range of opinions among international monetary experts than the issue of exchange rate regimes. Eminent economists can be found who…

In 2005, the Korean government implemented a number of new financial policies. Of those, two policy measures deserve special attention because of their potentially significant impact on domestic financial markets.…

After two years of sluggish growth, the Korean economy is now recovering. Economic activity began to revive in the early part of 2005 and accelerated throughout the year, reaching an…

  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…

South Korean President Yoon Suk-yeol offered a dramatically different vision of Korean unification in his Liberation Day speech on August 15, an annual observance in South Korea that marks the end of Japanese colonial rule over the Korean Peninsula. In his speech, President Yoon framed unification as completing the unfinished task of liberation and the…

The transformation of relations between South Korea and Japan during the past two-plus years is one of the signal accomplishments of the Yoon Suk-yeol administration. However, there remain doubts over the durability of this achievement. A troubling question remains whether the historical past of Japan’s colonial rule over Korea will again roil relations. The ongoing…

US-South Korea-Japan trilateral cooperation has been on an upswing since the Spirit of Camp David joint statement, published after US President Joe Biden hosted South Korean President Yoon Suk Yeol and Japanese Prime Minister Kishida Fumio at the eponymous presidential retreat in August 2023. “We commit to expand our cooperation trilaterally and raise our shared…

Selection of Q2 US-Korea Partnerships   Date American Entity Korean Entity Project Location June 24 Exxon Mobil SK On MOU for Exxon Mobil to supply SK On with up to 100,000 tons of lithium for EV batteries. Arkansas June 20 Philly Shipyard Hanwha Purchase agreement for Hanwha to acquire ownership of Philly Shipyard for $100…