Asia

Economic relations between Korea and the United States reached new heights in the year 2006 with the launch of negotiations for a bilateral free trade agreement. While the negotiations were…

Rapid economic development lifted Korea’s per capita income from 15 percent of the U.S. level in 1970 to approximately half by 2005. Growth has been based primarily on inputs of…

The insatiable appetites of banks, insurance companies, pensions, endowments, and high-net-worth individuals make enormous capital possible for private equity funds. The private equity market has become an important source of…

The importance of having an efficient labor market is growing because of recent trends such as globalization, the development of information-communication technology (ICT), and the increasing need for foreign direct…

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 Sarah K. Yun During the Joint Session of Congress on October 13, President Lee Myung-bak told the epic tale of Korea’s journey from war to peace, and poverty to prosperity; a tale in which he has very much shared in his own personal life. While thanking Congress for the ratification of the KORUS FTA,…

By Nicholas Hamisevicz Much of the focus this week has been on the enduring U.S.-ROK relationship and how these countries envision a future Asia as South Korean President Lee Myung-bak arrives in Washington for a state visit. However, beyond the U.S.-South Korea alliance, Korea’s emerging relationship with India can also be an important aspect in…

By Nicholas Hamisevicz In late August, I joined a tourist group led by the Young Pioneer Tours company on a one week trip to the Democratic People’s Republic of Korea (or North Korea). Visits to Pyongyang, Mount Paektu, Samjiyon, Chongjin, and Wonsan attracted adventure tourists, some of whom had been to other places like Iran, Burma, and…

By Troy Stangarone After more than a year of heightened tensions over the sinking of the Cheonan and the shelling of Yeonpyeong Island a proposed gas pipeline from Russia to South Korea through North Korea is potentially changing the factors on the ground.  Ever since Kim Jong-Il and Russian President Dmitry Medvedev agreed in principal…