Asia

The year 2008 saw a reversal of a long-lasting policy constellation in the international community visà- vis the Democratic People’s Republic of Korea (North Korea). South Korea, for 10 years…

The year 2008 will be recorded in world history as a year in which the global capitalist system was threatened as a consequence of the U.S.-originated financial turmoil that began…

Following several years of strong expansion, the Korean economy began losing momentum in the second half of 2008 in the wake of the stress engulfing the global financial system. Although…

North Korea’s economy has been on the verge of collapse since the beginning of the second nuclear crisis in 2002 because of the international community’s growing sanctions and pressure. The…

In this episode we speak with Doug Goudie, Director of International Trade Policy at the National Association of Manufacturers (NAM). Mr. Goudie draws from his experiences to share his perspective…

In this episode we hear from Tami Overby, Vice President for Asia at the U.S. Chamber of Commerce and former President of the American Chamber of Commerce in Korea. Ms.…

Now in its tenth year, KEI’s Opinion Leaders Seminar (OLS) is an annual gathering of some of the world’s foremost policymakers and scholars on the U.S.-South Korean alliance. In this…

An exclusive interview with Dr. Alon Levkowitz, author of the most recent edition of the Korea Economic Institute’s Academic Paper Series. His paper, titled “The Republic of Korea and the…

Kyle Ferrier As the Choi Soon-sil scandal has unfolded over the past several months the Korean public’s dissatisfaction with major Korean conglomerates known as chaebols has become second only to Park Geun-hye herself. Allegations of Park leveraging her political position to exchange favors with chaebols, particularly Samsung, are at the core of the public backlash.…

By Jenna Gibson “Thank you, @Samsung! We would love to have you!” Donald Trump wrote on his personal Twitter account, linking to a story about a possible plan for the tech company to build a factory for home appliances in the United States. The article called the announcement by Samsung “A win-win,” saying that “Companies…

By Jaeho Jeon Most Koreans are interested in two things now. Whether the people involved in the ‘Choi Soon-sil scandal,’ including President Park Geun-hye, Choi Soon-sil, and Lee Jae-yong, vice chairman of Samsung Electronics, will be punished and who will be the next president of South Korea. The Constitutional Court is scheduled to make a…

By Troy Stangarone In the most recent trade data released by China, imports of North Korean coal exceeded the volume and dollar caps set under the latest round of UN sanction by 1 million metric tons and by nearly $115 million.  With China having substantially surpassed the caps set for imports of coal from North…