Asia

The financial panic of late 2008 and the global economic recession that followed has been the greatest economic shock since World War II. While North Asia was caught up in…

East Asia is an area where real economic activities are closely linked. The brisk trade in goods and services among East Asian countries shows a well-integrated East Asian economy. Most…

A common problem facing students of the economy of the Democratic People’s Republic of Korea (DPRK) is the shortage of available statistics. It is extremely challenging to procure DPRK data,…

In the wake of the fall of Lehman Brothers, in the fourth quarter of 2008 and the first quarter of 2009 Korea was faced with its biggest economic challenge since…

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 Bruce Klingner Enhanced security cooperation between Seoul and Tokyo would better protect South Korean, Japanese, and U.S. national interests in Asia. Both South Korea and Japan have extensive, highly capable militaries. Washington has strong relationships with both countries, but the third leg of the security triad—between Seoul and Tokyo—has been constrained due to bitter…

By Mark Tokola Five years of relatively good harvests have pushed the issue of malnutrition in North Korea down the list of international concerns. Reports of visible improvements in Pyongyang (but much less in the countryside), nuclear and missile testing, cyber-attacks, and Kim Jong-un’s public appearances have dominated recent media coverage and have caused memories…

By Jiwon Nam Central Asia is a region that borders China and Russia to the Northeast and the Middle East to the West. The region generally consists of five countries: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Although Central Asia is not a major economic and diplomatic partner for South Korea, the countries of Central Asia…

By Jenna Gibson While millennials around the world have generally optimistic views of their future, Korean youth are more cynical. A new survey of millennials by Manpower Group found that around the world, two thirds are optimistic about their job prospects, and 62 percent feel that if they lost their job they could find a…