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 Linda Butcher Known as the “Political Super Bowl,” the 2013 State of the Union Address by President Barack Obama did not disappoint. In the hours leading up to it, people guessed what would be discussed, which SOTU game they would partake in and who would be seated in FLOTUS’s box. But, in just less…

By Chad O’Carroll The DPRK’s nuclear weapons test today appears to act as a bandage for a number of wounds that have somehow yet to kill the Pyongyang regime.  As the last outpost of quasi-Stalinism in the world, North Korea remains in a Cold War mindset when it comes to its increasingly acrimonious relations with…

By Troy Stangarone In the aftermath of Pyongyang’s third nuclear test the official Chinese news agency, Xinhua, issued a story on the needs to address the root causes of North Korea’s nuclear concerns. According to the story in Xinhua: "At a superficial level, it was Pyongyang that has repeatedly breached UN resolutions and used its…

By Chad O’Carroll With North Korea’s recent satellite launch highlighting the progressing state of Pyongyang’s long-range rocket capabilities and prospects of a third nuclear weapons test likely to show further advancements in that area, it is easy to forget about the DPRK’s conventional weapons technology. While the North Korean rocket and nuclear programs no doubt…