Asia

The year 2006 witnessed increasing concern among both Americans and South Koreans that their alliance of more than 50 years might be in jeopardy. Differences between the two governments over…

Monetary and Exchange Rate Policy in Declining Centrally Planned Economies and in Early Transition Economies: Some Observations of North Korea

North Korean Economic Reform: An Uncertain Future for a Third-Way Exploration

China's Impact on the Korean Economy

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 Nicholas Hamisevicz With Koreans returning from the Lunar New Year holidays, another opportunity to return to a better state of inter-Korean affairs passed as well. This time last year, the two Koreas had just concluded a rare family visit that included around 100 elderly South Koreans. This year, no such luck would be forthcoming.…

By Troy Stangarone Three months after announcing that they had reached a preliminary agreement, South Korea and China formally announced the conclusion of their free trade agreement (FTA) talks. The additional time allowed the two governments to finalize additional details to strengthen the agreement such as a standstill provision to preclude either country from increasing…

By Matthew Nitkoski Nearly six years ago, the last attempt at multilateral engagement with the Democratic People’s Republic of Korea ended with the secretive Kim regime vowing to continue its uranium enrichment program. In the intervening years, neither allies nor enemies have been able to convince Pyongyang to halt its nuclear efforts and the fragile…

By Troy Stangarone When North Korea withdrew its workers from the Kaesong Industrial Complex in 2013, confidence in the inter-Korean venture was severely damaged. Firms in the complex lost not only production and revenue, but contracts as well. Over the last year, South Korea has sought to make the complex more resilient in the face…