Asia

The tax burden in Korea—at 26 percent of gross domestic product (GDP) —was well below the average of the member countries of the Organization for Economic Cooperation and Development (OECD)…

There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news reverberated through the Korean financial…

Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States…

The twenty-first century has already been dubbed the Asian century. Although this nomination may be premature, it is certain that its fi rst decade belongs to Asia. This is reflected…

    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 Nicholas Hamisevicz In May, much of the attention toward the Korean peninsula was drawn toward the northern part as North Korea held its first Party Congress in thirty-six years. While looking for possible changes to emerge from the Kim Jong-un regime, the stalemate in inter-Korean relations continues. North Korea did offer talks, but South…

With the Democratic and Republican presumptive nominees now identified, here is our comprehensive list of what the two candidates have said about the Korean peninsula since the beginning of the race. Hillary Clinton June 2, 2016 – “Take the threat posed by North Korea – perhaps the most repressive regime on the planet, run by…

By William Brown China’s Customs Bureau on Tuesday released its global trade report for April that includes details of the country’s trade with North Korea[i].  Some initial impact from UNSC sanctions may be observed, although seasonal changes tend to obscure the picture.  Overall trade with North Korea was down about ten percent in April, from…

By Troy Stangarone At North Korea’s recent Party Congress, Kim Jong-un laid out a five-year plan to boost economic growth in North Korea. As part of his plan, Kim Jong-un raised the need to address North Korea’s chronic energy shortage by increasing North Korea’s energy production, including the production of nuclear power. While addressing the…