Asia

In the aftermath of the Global Financial Crisis, the multilayered international financial governance regime has been strengthened. In East Asia, this regime includes an ASEAN+3 regional layer designed to complement…

Dear Readers, With the 31st edition of Korea’s Economy, we have turned our focus to Northeast Asia where China and Japan represent two of South Korea’s most important trading partners.…

The ROK-Japan relationship seemingly found a floor after the downward spiral that marked the end of the Lee Myung-Bak presidency and the first three years of President Park Geun-hye. Seoul…

This report conducts an analysis of the corporate bond market in Korea and the changes in interest rates and term structure since the 1997 Asian financial crisis. The potential risks…

    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 Gerard Krzic Anyone visiting Korea and sightseeing at a rural Buddhist temple usually passes over a stone bridge that crosses a stream or river before entering the main temple grounds.  It has been said that the bridge represents crossing oceans as one moves from the land of daily hardships to the land of enlightenment…

By Mehrun Etebari Yesterday, during his speech at the United Nations General Assembly, Israeli Prime Minister Benjamin Netanyahu argued that the experience of North Korea – who reached an agreement to dismantle its nuclear program in 2005, but tested its first nuclear weapon in 2006 – must warn the international community to refrain from optimism…

By David S. Maxwell As we celebrate the 60th Anniversary of the 1953 ROK/U.S. Mutual Defense Treaty we should keep in mind that celebrate is the right word for Koreans and Americans to attach to this milestone.  We can proudly look back on its success. In so doing we should realize that it remains relevant…

By Nicholas Hamisevicz In their first two years, Kim Jong-un and the collective leadership in North Korea have found various ways to kill the momentum of positive interaction with North Korea’s neighbors. While Pyongyang has given with one hand with the recent return of its workers to the Kaesong Industrial Complex (KIC), it has taken…