Asia

The most popular conversation topic in Korea these days is not North Korea’s nuclear program or the KORUS FTA, but the skyrocketing real estate prices. The real estate market has…

83/751. At press time, 83 days have passed since North Korea tested a nuclear device on October 9, 2006 and 751 days remain in the Bush Presidency. If the stalemate…

In 1996, Korea joined the Organization for Economic Cooperation and Development (OECD), marking Korea's rise into the ranks of the developed world. Only twenty years ago this year, Korea began…

With negotiations running down to the wire, Korean and American negotiators announced that they reached a deal just before President George W. Bush’s trade promotion authority expired at 11:59 pm…

When Kim Jong-il died in 2011, the world held its breath as North Korea entered uncharted waters. No other communist dictatorship in the last century – for that matter no…

On June 25, 1950, North Korea launched a surprise invasion of South Korea and started a war that is still technically ongoing. But it was – as North Korea’s Kim…

The North Korean economy is changing – we know this because of widely reported growth of private markets since the famine of 1990s. But black markets and illicit activities are…

In May, The Korean-born Los Angeles Dodgers’ pitcher Ryu Hyun-jin was named The National League Pitcher of the Month. When you think of Asians and baseball, you might think first…

Time is running out regarding threats to the world’s undersea cables: The world needs to start acting, rather than just discussing the problem, since more attacks on this critical infrastructure are happening in reality. South Korea is well-positioned to become a leader in creating a new regime that regulates the undersea cable industry. As one…

Last year, President Yoon Suk Yeol and Prime Minister Kishida Fumio made significant efforts to develop a strong working relationship to advance the bilateral relationship. In a recent interview with public broadcaster KBS, President Yoon said his Japanese counterpart is an honest leader. In recent months, surveys looking at both the Korean and Japanese publics…

For seventy years, one of the few things that North Korea, South Korea, and the United States agreed upon was the goal of reunifying the Korean Peninsula.  No more, at least for now.  During a January 2024 speech, Kim Jung-un announced, “The reunification of Korea can never be achieved with the Republic of Korea.” He…

Corruption has a significant negative effect on economic growth through its impact on investment, competition, entrepreneurship, government efficiency and human capital formation. It also has important implications for numerous indicators of economic development, such as environmental quality, personal health and safety, income distribution and social trust. Reducing corruption should be a top priority. Many studies…