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 Nicholas Hamisevicz In late August, I joined a tourist group led by the Young Pioneer Tours company on a one week trip to the Democratic People’s Republic of Korea (or North Korea). Visits to Pyongyang, Mount Paektu, Samjiyon, Chongjin, and Wonsan attracted adventure tourists, some of whom had been to other places like Iran, Burma, and…

By Troy Stangarone After more than a year of heightened tensions over the sinking of the Cheonan and the shelling of Yeonpyeong Island a proposed gas pipeline from Russia to South Korea through North Korea is potentially changing the factors on the ground.  Ever since Kim Jong-Il and Russian President Dmitry Medvedev agreed in principal…

By Sarah K. Yun On Tuesday, September 20, KEI hosted a discussion on China’s changing relations with the two Koreas as part of a book launch for the 2011 edition of Korea’s Economy.  The event featured two of the book’s authors, Forbes.com columnist Gordon Chang and Senior Congressional Research Service Analyst Dick Nanto. While both authors discussed…

The September 15 KEI-Woodrow Wilson Center program on my trip to North Korea with Charles Armstrong (Columbia University) and James Person (Wilson Center) received much Korean media attention.  The program showed over a hundred photos from the group's 4000-5000 pictures taken of daily life in Pyongyang and other citiesin North Korea. Below are links to…