Asia

Since the signing of the Mutual Defense Treaty in 1953, the U.S.-ROK alliance has been tremendously successful in deterring a large-scale attack by the DPRK. Even during national famines and…

This paper builds on the assumption that Korean engagement with Latin American countries is related to resources endowment on both sides. This makes for an interdependent relationship in which Korea…

Along with the revolution in the information technology (IT) industry, the world economy has also witnessed a spectacular rise of the financial industry in recent decades. The GDP share of…

Following several lost decades of stagnant growth and bad governance after independence in the 1960s, African countries are now resurgent. Whether one looks at gross domestic product (GDP) growth, investment…

  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…

Both North Korea and South Korea sought to redefine their relationship in 2024. In the past, both countries have publicly affirmed that the unification of the two Koreas is a national priority, but the two governments have engaged in low-level hostilities and high-level denunciations, while little concrete effort has been made to bring the two…

South Korea faced the prospect of political paralysis and a protracted constitutional crisis resulting from the declaration of martial law by President Yoon Suk Yeol and its dismissal hours later by a National Assembly resolution. On December 3, Yoon announced at 22:25 his intent to impose martial law “to eradicate pro-North Korea forces and protect…

If we thought North Korea and Russia grew too close for comfort in 2023, they continued to surprise the world this year by taking bold and unprecedented steps to elevate their relations to new heights. The highlights are the new “DPRK-Russia Treaty on Comprehensive Strategic Partnership,” signed during Putin’s visit to Pyongyang in June, and…

The Yoon Suk-yeol administration’s signal foreign policy achievement is arguably the forging of trilateral security cooperation between the Republic of Korea (ROK), Japan and the United States. During the past year, the leaders of all three nations have moved unusually quickly to institutionalize the structure of cooperation. The desire to consolidate progress seems to have…