Asia

What corresponding changes are being made to the Korea-U.S. economic and trade relationship? If, through the changes of the last decade, our trade relationship has evolved from one narrowly focused…

This paper aims to trace the major changes that took place in the Korean housing market and the housing finance system during the past decade, and also to offer an…

Rocky roads conjure images of pitfalls and jarring bumps on a tortuous journey toward some desired destination, without assurance that some calamity will not bar the way to the hoped-for…

Between winning the election in December 2007 and taking office in February 2008, Lee Myungbak and his administration sketched out a massive reform program that would potentially affect every aspect…

    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…

By Jenna Gibson North Korea may be all but cut off from the international community, but that has not stopped the reclusive regime from entering the public spotlight every two years for the Olympic Games. The DPRK’s first foray into the Olympic field was in the 1964 Winter Games, where they won one medal –…

By Caleb Cho In early June, a North Korean agent was arrested by Chinese authorities in Dandong, China, the largest border city facing North Korea, due to a number of fake 100 U.S. dollar bills exchanged for Chinese currency at two Chinese banks. The total amount of his deposit was reportedly $ 5 million worth,…

By Hojun Song On July 26, 2016, the Republic of Korea (ROK) Army held a send-off ceremony for deployment of the 18th rotation of the Dongmyeong Unit. This contingent will depart for the United Nations peacekeeping operation (PKO) in Lebanon in early August, renewing its record as South Korea’s longest overseas peacekeeping mission. The Dongmyeong…

By Hojun Song On May 27, 2016, during her official state visit to Ethiopia, President Park Geun-hye visited soldiers from the Hanbit unit, which consists of South Korean troops deployed as part of the United Nations peacekeeping mission in South Sudan. She praised their hard work and encouraged them to keep upmost efforts in assisting…