Asia

Korea’s regulatory environment is often cited as being one of the most difficult aspects of doing business in Korea. Among the various regulations that foreign invested companies and foreign investors…

Well-functioning capital markets should encourage private saving and investment by channeling surplus funds to reach their most productive uses. In the process, well-functioning capital markets create a diverse menu of…

During the 1972 U.S. presidential campaign, “Deep Throat,” later revealed to be Associate Director Mark Felt of the FBI, counseled Washington Post journalists Bob Woodward and Carl Bernstein to “follow…

After the Asian financial crisis of 1997, the Korean government geared up to carry out financial restructuring. As a result, the number of domestic financial institutions stood at almost half…

    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…

After North Korea's diplomatic outreach to Russia last year, observers are wondering if Japan will be the next target of its engagement. In January, Chairman Kim Jong-un issued a rare message of condolence after an earthquake devastated the Noto Peninsula in northern Japan. The Japanese side acknowledged the message, and Prime Minister Kishida Fumio reiterated…

In the past few years, US tech companies and their advocates have leveled strong criticisms against digital regulation around the world. While the European Union (EU) has been the main target, proposed regulation in other countries has also raised concerns. Recently, there has been a push from a range of Washington, DC policy voices, including…

While the theme of the Summit for Democracy hosted by Korea this year was “Democracy for Future Generations,” the predominant undertone appears to have been the role that artificial intelligence (AI) will have in shaping it. Accordingly, during a time where authoritarianism is on the rise, elections are challenged, and political systems are under threat,…

Time is running out regarding threats to the world’s undersea cables: The world needs to start acting, rather than just discussing the problem, since more attacks on this critical infrastructure are happening in reality. South Korea is well-positioned to become a leader in creating a new regime that regulates the undersea cable industry. As one…