Asia

The paper reviews some of the key aspects leading to Korea’s remarkably successful economic transformation, including its consistent and aggressive pursuit of export-led growth, its investments in basic services and…

Korea’s economic development is often cited as a model for other developing nations. One of about 60 countries whose per capita income was less than $300 in the 1960s, only…

Korea has shaken off some of the impacts brought by the Sewol ferry disaster, but its overall pace of growth is still very weak. The Korean economy is forecast to…

The Korean economy has faced several crises, such as the ending of the rapid economic growth era in the 21st century, continued stagnation of per capita GDP growth since 2007…

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 Reports indicate South Korea’s National Intelligence Service (NIS) believes that Jang Song Taek, Kim Jong-un’s uncle, has been removed from all of his leadership posts in North Korea. If true, this would possibly be the biggest power move under Kim Jong-un’s new leadership. Jang Song Taek, husband to Kim Jong-il’s sister, Kim…

By Troy Stangarone As political gridlock in mid-October brought the United States to the brink of default for the second time in two years, world leaders and major holders of U.S. debt such as China called on the United States to take responsible actions to protect U.S. debt holders. However, at the same time that…

By Troy Stangarone As the only Northeast Asian nation not involved in the nuclear talks with North Korea, Mongolia is often left out of discussions about resolving the region’s most intractable security issue – the North Korean nuclear crisis. However, when Mongolian President Tsakhiagiin Elbegdorj becomes the first head of state to meet with Kim…

By Troy Stangarone At a recent international conference in Seoul, South Korean President Park Geun-hye called for a “Eurasia Initiative” to link Europe and Asia via trade, transit, and energy.  However, achieving President Park’s vision will require developing a means of integrating North Korea into the broader Eurasian framework and mitigating the risk of Pyongyang…