Asia

This past year—2007—was another solid one for Korea’s economy. Buoyed by continued strong exports and a pickup in domestic demand, real GDP is estimated to have grown by nearly 5…

The year 2007 demonstrated more clearly than ever that external economic engagement provides a chance to help convince North Korea to abandon isolation and take specific actions toward denuclearization that…

On 30 June 2007, United States Trade Representative Susan C. Schwab and Republic of Korea Trade Minister Kim Hyun-chong signed the United States-Korea Free Trade Agreement (KORUS FTA), an encompassing…

As the first decade of the twenty-first century nears an end, distinct patterns are emerging in the global trading system. The Doha Development Round remains stalled and has begun to…

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 Jaeho Jeon The South Korean economy is drifting like a ship which has lost its captain while the ‘Choi Soon-sil Scandal,’ a civilian who has no official title, has shaken South Korea for over a month. President Park Geun-hye's approval rating has fell to 4 percent, an all-time low for elected Presidents in South…

By Troy Stangarone The United Nations (UN) sanctions on North Korea’s fourth nuclear test were flawed. The March sanctions were intended to limit North Korea’s ability to export coal, the most significant licit source of the hard currency that the regime has to fund its nuclear weapons and missile programs, while also not precipitating a…

By William Brown Kim Jong-un has been unusually silent about the election of Donald Trump.  Does this represent fear of how a tough new U.S. administration might react to his usual posturing or indecision as to how to proceed with his dual nuclear weapons and economic development programs?  Perhaps Kim feels his plans are progressing…

By Sungeun (Grace) Chung Maintaining peaceful and cooperative international relations has become exceptionally important in a global society. There are two means that a nation can use to influence the preferences of international audiences: hard power and soft power. While exercising hard power is associated with the use of military and economic compulsion, soft power…