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 Jessica Choi A few days ago, I went to my friend’s favorite local Japanese sushi bar for the first time, and I noticed that there was bulgogi (Korean beef bbq) on the menu.  My interest was piqued, so I decided to try speaking Korean to the waitress.  Lo and behold, it turns out that…

By Jae-kyung Park Early last month, the U.S. Department of State and the Ministry of Foreign Affairs of China exchanged harsh words publically on the issue of South China Sea. On August 3, the U.S. State Department issued a press statement with the heading of ‘South China Sea’. The words therein are carefully and considerately crafted,…

By Nicholas Hamisevicz Initial KCNA and other reports about the September 25, 2012 Supreme People’s Assembly (SPA) meeting indicate North Korea has made no public announcement on economic or agricultural reforms as anticipated by numerous press articles and North Korea watchers. Proclamations following the meeting emphasized changes to North Korea’s education system. Thus, those that…

Despite Ahn Cheol-soo formally entering the race for president, his poll numbers did not see a bounce in the first Asan Institute for Policy Studies poll out since his announcement on September 19. This week's addition of the Asan Institute poll includes additional data at the end related to how South Korean's view his candidacy.    …