Asia

The year 2006 witnessed increasing concern among both Americans and South Koreans that their alliance of more than 50 years might be in jeopardy. Differences between the two governments over…

Monetary and Exchange Rate Policy in Declining Centrally Planned Economies and in Early Transition Economies: Some Observations of North Korea

North Korean Economic Reform: An Uncertain Future for a Third-Way Exploration

China's Impact on the Korean Economy

    In the mid-1990s, North Korea experienced a famine that by some estimates wiped out 10 percent of the population. Though many at the time thought the regime would…

      Over the last decade, China has become an increasingly important country for South Korea has it has emerged as Seoul’s largest trading partner and a leading player…

    On April 8, North Korea withdrew all of its workers from the Kaesong Industrial Complex, temporarily placing on hold the last form of cooperation between North and South…

South Korea’s nuclear energy industry has for decades been facilitated through close cooperation with counterparts in the United States under what is known as a “123 Agreement”.  Today South Korea’s…

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…

The number of defectors fleeing North Korea and resettling in South Korea remains at very low levels. The number had begun to decline before 2020, but the COVID-19 pandemic led Pyongyang to enforce harsher border controls to prevent North Koreans (and others) from entering the country from abroad and potentially bringing the virus with them.…

Korea stands out for its long life expectancy of 83.6 years as of 2021, the second longest among the 38 countries that are members of the OECD. In addition, its avoidable mortality rate (premature death from preventable and treatable causes) was 142 per 100,000 persons, well below the OECD average. Expanded access to healthcare has…