Asia

Korea’s money market includes the call market as well as markets for monetary stabilization bonds (MSBs), negotiable certifi cates of deposit (CDs), repurchase agreements (repos), commercial paper (CP), and cover…

This article investigates the progress in corporate governance reform in Korea since 1997 as well as current corporate governance challenges. It focuses on corporate governance issues and, as such, does…

According to a preliminary estimate by the Bank of Korea on 4 January 2008, Korea’s per capita gross domestic product (GDP) and per capita gross national income (GNI), which adjusts…

The year 2007 displayed remarkable progress in Korea-U.S. economic relations on many different levels. At the global level, our two countries have worked closely together to meet international challenges. For…

  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…

There is a long tradition of considering North Korean leaders’ public appearances as a potential source of information on the regime’s priorities (see for example: Haggard, Herman, and Ryu; Pyo and Hur; Kim and Lee).  We now have ten full years of this data for Kim Jong-un through the South Korea Ministry of Unification portal,…

The U.S. Senate Committee on Foreign Relations held a hearing on April 7 to question President Joseph Biden’s nominee for U.S. Ambassador to South Korea, Ambassador Philip S. Goldberg.  Goldberg is one of four ambassadorial nominees who testified before the Foreign Relations Committee on April 7.  Two of the four nominees, including Goldberg, are senior…

In the 2022 presidential election, the conservative opposition candidate Yoon Suk-yeol won the race with a 0.8% margin. During the campaign, Yoon received endorsements from five former senior military officers who had served in the Moon administration. They attributed the endorsement to “[their] faith in Yoon’s national security policies,” including his controversial remark that Seoul…

A specter is haunting the Korean Peninsula — the specter of nuclear proliferation. On the campaign trail, conservative candidate Yoon Suk-yeol said he would consult with Washington over redeploying tactical nuclear weapons. Although the president-elect has not officially changed Korea's stance on nuclear weapons, his comments are part of a larger trend of Korean leaders…