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…

By Sarah K. Yun At the recent talks between North Korea and the United States in Beijing, U.S. Special Representative for North Korea Policy, Glyn Davies, once again stressed the importance of restored inter-Korea relations in order to resume the Six-Party Talks to Kim Gye Gwan, North Korea’s First Vice Minister of Foreign Affairs.  Although…

By Ben Hancock In the face of budget cuts, the education offices of South Korea’s two most populous regions announced in the second half of last year plans to reduce their roster of native English-speaking teachers in coming years. While the scale of the cutbacks in Seoul and the surrounding Gyeonggi Province is still unclear,…

By Chad 0Carroll The death Kim Jong-il has rekindled debates about the prospects for Korean unification following a period of relatively little public discussion on the matter in South Korean circles.  As a result of the difficulties that Kim Jong-un is anticipated to encounter in cementing his hold on power in coming months, some analysts…

By Troy Stangarone On February 10, rumors that Kim Jong-un had been assassinated at the North Korean Embassy in Beijing began to rapidly spread across the internet. First making their way around Weibo and then jumping to Twitter, word of Kim Jong-un’s death eventually spread as far as the floor of the New York Stock…