Displaying all content tagged with the region Asia.
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Asia
Korea has once again been threatened by financial contagion that started in another country. In 1997, it began with Thai baht; this time, the trouble started on Wall Street. Since…
May 25, 2011
When the curtain fell on the XXIX Beijing Olympics, South Korean athletes, with 13 gold, 10 silver, and 8 bronze medals, had proven once again that, ranking seventh in the…
May 25, 2011
Black September, Meltdown Monday, America’s Financial 9/11, Financial Tsunami, Perfect Storm, worse financial crisis since the Great Depression 1929… Whatever the term used, recent events on Wall Street will certainly…
May 25, 2011
Adhering to the action-for-action framework of the February 13, 2007 agreement, North Korea and the United States traded symbolic actions last week that grabbed the headlines—explosive video footage of North…
May 25, 2011
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…
June 19, 2020
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…
January 17, 2020
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…
November 22, 2019
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…
November 8, 2019
As the worst of the COVID pandemic begins to fade, North Korea’s weak health care system and its lack of wide-spread vaccinations against the disease are apparently now able to handle the return home of North Koreans who were away from their home country when the COVID pandemic initially broke out. North Koreans were officially…
November 28, 2023
At the Asian Games this September, Team Korea didn’t just get a gold medal in the popular video game League of Legends. The team also received an exemption from active-duty conscription into the armed forces of Korea. Maintaining an adequate fighting force is a critical issue for Korea, not just because of its unruly neighbor…
November 8, 2023
Korea’s development from one of the poorest countries in the world in the 1950s to a major industrial power has been exceptionally rapid. Per capita income increased from 10% of that in the United States in 1970 to 70% by 2020 (Figure 1). Moreover, Korea has surpassed Japan. Korea’s rapid transformation was achieved through effective…
November 6, 2023
The recent crisis in the Middle East raises questions about the impact it may have on energy access for the world. Faith Birol, the current head of the International Energy Agency, said that the Israel-Hamas war is “definitely not good news” for oil prices. Similarly, on October 30 the World Bank warned that oil prices…