Displaying all content tagged with the region Asia.
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Asia
After the U.S.-Korea Free Trade Agreement (KORUS FTA) is approved by the legislatures of Korea and the United States, it will likely provide a turning point for the countries’ bilateral…
September 25, 2008
The denuclearization of the Democratic People’s Republic of Korea (DPRK) continues to be a source of considerable international concern. Yet, no coherent international framework has emerged to deal with this…
July 25, 2008
Korea is arguably the premier development success story of the last half century. Despite this success, there has been a nagging sense among many observers that the development of Korea’s…
May 25, 2008
The unique restriction of a one-time, five-year presidential term in the Republic of Korea (ROK) has often resulted in short-lived changes to the way the nation’s chief executive has staffed…
April 25, 2008
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
What Happened The ruling Democratic Party’s presidential candidate Lee Jae-myung proposed another round of universal payments to help citizens overcome the economic challenges posed by COVID-19. However, Prime Minister Kim Boo-kyum and the government claimed that they do not have the capacity to provide another round of universal relief funds. A nationwide public poll showed that 60.1% of Koreans agree…
November 16, 2021
Observing the recent success of the TV show Squid Game on Netflix, many commenters suggest that the entry of multinational streaming platforms has been a net positive for Korea’s creative industry. The streaming platform has invested over USD 700 million into projects such as Kingdom and Sweet Home. For smaller Korean content creators, Netflix offers…
November 15, 2021
Korea’s real GDP increased 1.2% (saar) in 2021Q3, a significant slowdown from the first two quarters of the year, reflecting a decline in private consumption (table below). A tightening of social distancing measures since July, aimed at slowing a fourth wave of COVID-19 infections, reduced spending on “consumer-facing services”. For example, demand in the food…
November 12, 2021
What Happened One of South Korea’s major telecommunications providers KT suffered a nationwide outage on October 25, causing widespread disruptions to daily tasks that require internet connectivity such as virtual classes, food delivery orders, and stock trading. A National Assembly hearing five days before the incident questioned telecommunications providers about the quality of the network services. The government still intends to…