Asia

Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…

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.…

    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 Bruce Klingner Enhanced security cooperation between Seoul and Tokyo would better protect South Korean, Japanese, and U.S. national interests in Asia. Both South Korea and Japan have extensive, highly capable militaries. Washington has strong relationships with both countries, but the third leg of the security triad—between Seoul and Tokyo—has been constrained due to bitter…

By Mark Tokola Five years of relatively good harvests have pushed the issue of malnutrition in North Korea down the list of international concerns. Reports of visible improvements in Pyongyang (but much less in the countryside), nuclear and missile testing, cyber-attacks, and Kim Jong-un’s public appearances have dominated recent media coverage and have caused memories…

By Jiwon Nam Central Asia is a region that borders China and Russia to the Northeast and the Middle East to the West. The region generally consists of five countries: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Although Central Asia is not a major economic and diplomatic partner for South Korea, the countries of Central Asia…

By Jenna Gibson While millennials around the world have generally optimistic views of their future, Korean youth are more cynical. A new survey of millennials by Manpower Group found that around the world, two thirds are optimistic about their job prospects, and 62 percent feel that if they lost their job they could find a…