Asia

Seong-Hyon Lee argues that the trilateral relationship between South Korea, Japan, and China is currently at a critical juncture as historical legacies, territorial disputes, and the evolving geopolitical landscape pose…

This introduction provides a broader framework for the first four papers in this issue of Korea Policy by examining five distinct ways or areas wherein trade and investment intersect with…

This paper examines the concept of “derisking” and how the Japanese Economic Security Promotion Act (ESPA) has responded to it within the framework of deterrence theory. It explores how ESPA…

Not everyone in Korea or foreigners abroad want to hear about national advertising initiatives that focus on mainstream issues like K-Pop, Hallyu or ancient Korean Kimchi culture. Instead, many want…

On January 11, 2013, the Korea Economic Institute of America recently led Washington DC’s celebration of Korean American Day by hosting a luncheon event to honor two Korean Americans for…

With North Korea announcing to the world that it will be attempting to launch a second satellite for 2012, many analysts have been speculating as to why Pyongyang is so…

In this episode we spoke to The Economist’s South Korea correspondent, Daniel Tudor. Having been based in Korea for over a decade, Tudor has just finished writing one of the…

By Paul Sung Classical music is a dying art that is shrinking partly due to the lack of entrepreneurial innovation. This trend is especially evident in South Korea. Although native Korean musicians like Sohn Jeung-beum, Son Yeol-eum, Yekwon Sunwoo, and Jasmine Choi have risen with much success with their music, only a few classical musicians…

By Paul Sung Amidst all the ongoing discussions about a military conflict between North Korea and the U.S., we need to think beyond missiles, preventative strikes, and nuclear weapons to talk about the potential consequences of a war in the megacity of Seoul. Looking into the hypothetical scenario laid out in this article published by…

By Hwan Kang When Moon Jae-in was elected after former President Park Geun-hye was impeached, Koreans expected major policy makeovers. Indeed, the Moon Administration is trying to meet expectations by addressing some of Korea’s long lasting problems by announcing progressive measures such as an increase in the minimum wage and regulating the real estate market.…

By Hayeon Carol Park In July 2017, South Korea’s Minimum Wage Commission finalized the decision to increase the country’s minimum wage by 16 percent to 7,530 won ($6.60) per hour in 2018. This minimum wage hike is seen as an early victory for President Moon Jae-in, who has pledged to be a "jobs president" by…