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 Mark Tokola The upcoming May 6th Congress of the Worker’s Party of (North) Korea is already a noteworthy event simply because it is happening at all.  There has not been a Party Congress since 1980, although in recent decades ‘Party Conferences’ have provided alternative platforms for announcing major decisions, such as the April 2012…

By Juni Kim Even a cursory glance at the South Korean education system reveals a fervent interest for English learning in both public and private spheres. According to a 2015 government survey by Statistics Korea and the Korean Ministry of Education, spending on private education totaled 17.8 trillion won (about US $15 billion) last year.…

By Troy Stangarone On May 1, South Korean President Park Geun-hye will travel to Iran for a three-day summit with the newly emerging regional power. Her visit will represent the first summit meeting between Iran and South Korea since the two nations established relations in 1962. However, while relations with Iran hold significant promise with…

By Eunjung Lim On April 13, 2016, the legislative election for the 20th National Assembly of South Korea (hereafter Korea) was held. Like many Korean dramas that have earned popularity across different continents, this election was full of dramatic turnovers that made Korea experts on the other side of the world, in Washington, D.C., surprised…