Displaying all content tagged with the region Asia.
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Asia
During the two-year period since the outbreak in August 2007 of the U.S. subprime crisis, Korea has felt its severe effects: Korea’s economy contracted sharply and experienced a liquidity crisis.…
May 25, 2011
There is certainly a place for regionalism in Northeast Asia.1 It already exists in various amorphous ways, but regional identity is relatively weak in Northeast Asia, and for this and…
May 25, 2011
The rise of China means that the regional (not global) power structure is shifting from unipolarity to bipolarity. Whether this is a positive or negative development depends on a particular…
May 25, 2011
The dramatic events of recent months—and, above all, North Korea’s second nuclear test and long-range missile launch—demonstrated once again that the Barack Obama administration and the international community at large…
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 2021 began, the world was still in the depths of the pandemic and vaccines to protect against COVID-19 were only beginning to become available to the public in a small number of countries. As 2022 begins, the pandemic continues to impact lives and economies around the world but there are signs of recovery. Among…
February 3, 2022
One of Korea's strongest capabilities is its soft power, accrued through its exports of Korean popular culture. Whether it’s Squid Game or BTS, Parasite or Black Pink, the Korea Wave has reached every shore and boosted Korea's profile. But while this does provide some opportunities, experts say there are limitations to what objectives the Korean…
February 2, 2022
The campaign for the March presidential election has been marred with partisan attacks and personal scandals that are reflective of the deeply seated fissures in Korea that mirror the emergence of bipolar "mega identities" in the U.S., especially as a backlash to the alleged successes or failures of the progressive Moon Jae-in administration. But in…
January 27, 2022
The potential growth rate – the level of output that an economy can produce at a constant inflation rate – in Korea has declined steadily from 5.0% during 1997-2006 to 2.7% during 2017-20, according to the OECD (Figure 1). The OECD projects that it will slow further to 2.2% from 2021-23. The Bank of Korea…