Asia

Real growth in 2006, at 5 percent, did not fully measure up to the more optimistic forecasts of a year ago but did represent a further recovery from the slump…

The most popular conversation topic in Korea these days is not North Korea’s nuclear program or the KORUS FTA, but the skyrocketing real estate prices. The real estate market has…

83/751. At press time, 83 days have passed since North Korea tested a nuclear device on October 9, 2006 and 751 days remain in the Bush Presidency. If the stalemate…

In 1996, Korea joined the Organization for Economic Cooperation and Development (OECD), marking Korea's rise into the ranks of the developed world. Only twenty years ago this year, Korea began…

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…

If we thought North Korea and Russia grew too close for comfort in 2023, they continued to surprise the world this year by taking bold and unprecedented steps to elevate their relations to new heights. The highlights are the new “DPRK-Russia Treaty on Comprehensive Strategic Partnership,” signed during Putin’s visit to Pyongyang in June, and…

The Yoon Suk-yeol administration’s signal foreign policy achievement is arguably the forging of trilateral security cooperation between the Republic of Korea (ROK), Japan and the United States. During the past year, the leaders of all three nations have moved unusually quickly to institutionalize the structure of cooperation. The desire to consolidate progress seems to have…

This year began with a trip by Secretary of the Navy Carlos Del Toro to visit Korean shipyards and court Korean investment in US shipbuilding. In June 2024, Hanwha Ocean made a bid to purchase Philly Shipyard and secure a foothold for Korean shipbuilding in the United States. While Hanwha Ocean had previously bid for…

As multiple conflicts abroad caused ripples through the world of commerce and trade, the United States and South Korea came into the year broadly aligned on strategies to derisk and diversify supply chains, extending efforts to limit single country reliance on key material imports and integrating national security with economic security. Investments in advanced manufacturing…