Asia

Since the signing of the Mutual Defense Treaty in 1953, the U.S.-ROK alliance has been tremendously successful in deterring a large-scale attack by the DPRK. Even during national famines and…

This paper builds on the assumption that Korean engagement with Latin American countries is related to resources endowment on both sides. This makes for an interdependent relationship in which Korea…

Along with the revolution in the information technology (IT) industry, the world economy has also witnessed a spectacular rise of the financial industry in recent decades. The GDP share of…

Following several lost decades of stagnant growth and bad governance after independence in the 1960s, African countries are now resurgent. Whether one looks at gross domestic product (GDP) growth, investment…

This episode, Korean Kontext speaks to Phillipe Cousteau JR, chief spokesperson for the USA Pavillion at the 2012 Yeosu Exposition.  With the overall theme of the expo named “The Living…

Our latest edition of Korean Kontext focuses on the recent death of Kim Jong-il and the prospects for North Korea under the stewardship of his son, Kim Jong-un.  In this…

Ever wondered why someone might be motivated to spend their summer vacation  in the DPRK, or interested to learn about the guides that accompany visitors during a stay in North…

In this episode, Chad 0Carroll speaks with “TK” (”The Korean”), the man behind the must-read blog, “Ask a Korean”.  TK has been running his blog for five years and it…

Investment Announcements December 20, 2023 ­­– LG Chem begins construction on its cathode plant in Clarksville, Tennessee, set to begin production in 2026. The $1.4 billion injection as part of the construction is the first phase of its $3.2 billion investment plan delineated in an MOU LG Chem signed with the State of Tennessee in…

South Korea’s trade relations have undergone changes since the COVID-19 pandemic. In 2022, South Korea surpassed Japan and became China’s second-largest trading partner. However, its exports to China saw a decline of 20 percent in 2023, plummeting to $124.8 billion from $155.7 billion in 2022. Consequently, South Korea ran a trade deficit of $18 billion…

In a historic break with a policy of most of the past eight decades, North Korea disbanded all of its government organizations which are focused on reunification with South Korea or which reflect a special relationship between the two Koreas. In a lengthy speech on January 15 to the Supreme People’s Assembly (the North Korean…

North Korea was the first country to severely restrict travel and trade across its borders when the pandemic began in 2020. While the rest of the world has since largely returned to normal, many of North Korea’s COVID restrictions remained in place at the beginning of 2023. However, Pyongyang began to ease these constraints in…