Asia

The tax burden in Korea—at 26 percent of gross domestic product (GDP) —was well below the average of the member countries of the Organization for Economic Cooperation and Development (OECD)…

There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news reverberated through the Korean financial…

Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States…

The twenty-first century has already been dubbed the Asian century. Although this nomination may be premature, it is certain that its fi rst decade belongs to Asia. This is reflected…

June 25, 2020 marks the 70th anniversary of the start of the Korean War. The conflict on the Korean Peninsula has been going on for so long that we sometimes…

2020 is starting off dramatically with the escalation of tensions in the Middle East – The world held its breath while the United States and Iran exchanged both blows and…

While it is frustrating to see North Korean projectiles flying out to sea and Pyongyang’s erratic, unpredictable reactions in negotiations, we cannot forget where things stood in 2017 – the…

30 years after the fall of the Berlin Wall, people’s aspiration to establish a pluralistic liberal democracy appears to be under scrutiny around the world – anti-immigration policies dominate political…

By Mark Tokola People who have worked on policy towards North Korea for some time often remark that nothing really changes: the DPRK’s weapons programs progress, gross human rights violations continue, bad crop years are met with international appeals for food assistance, acts of aggression against South Korea occur periodically, and North Korean propaganda threatens…

By Mark Tokola On June 17th, the Institute for Economics and Peace released its 2015 edition of the “Global Peace Index.”  This annual publication began in 2008, which makes it useful for tracking both global trends and individual country’s performances.  The headlines of the 2015 report are: (1) the averaged level of violence across the…

By Mark Tokola When discussing what to do about North Korea, it is often suggested that China should do more to pressure North Korea to suspend its nuclear weapons program, stop military provocations, create a more constructive relationship with South Korea, and improve the lives of North Koreans.  Chinese representatives usually say this is exactly…

By Nicholas Hamisevicz Once again, a month of positive movements but also negative setbacks that keep near term inter-Korean relations uncertain. Many of the inter-Korean related activities that took place in May involved Kaesong in some way. Even with a few interactions, discouraging rhetoric still hurts the possibilities for future possibilities. Inter-Korean connections have been…