Asia

What corresponding changes are being made to the Korea-U.S. economic and trade relationship? If, through the changes of the last decade, our trade relationship has evolved from one narrowly focused…

This paper aims to trace the major changes that took place in the Korean housing market and the housing finance system during the past decade, and also to offer an…

Rocky roads conjure images of pitfalls and jarring bumps on a tortuous journey toward some desired destination, without assurance that some calamity will not bar the way to the hoped-for…

Between winning the election in December 2007 and taking office in February 2008, Lee Myungbak and his administration sketched out a massive reform program that would potentially affect every aspect…

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…

By Kyle Ferrier This year's G-20 summit in Antalya, Turkey may best remembered for the inclusion of non-economic issues in response to the terror attacks in Paris and the migrant crisis in Europe, but the final agreement also reflects the work of officials from participating governments since late last year.  In a previous post I…

By Troy Stangarone After rumors that UN Secretary General Ban Ki-moon would soon travel to North Korea were followed by denials that any trip was in the works, the Secretary General’s office acknowledged that discussions were ongoing for him to visit North Korea. Much as with his proposed trip to Kaesong earlier this year, any…

By Phil Eskeland We have now completed six debates among the candidates vying to become the next president of the United States – four Republican and two Democrat debates.  There will be three more debates – possibly four – before the first votes are cast in Iowa to select the presidential nominees to represent the…

By Troy Stangarone What should drive a summit meeting between the leaders of a divided nation such as Korea? The chance to heal an historical divide? The need to ease tensions and open dialogue between the two sides? The ability to move concrete policy goals forward in an effort to build a joint future? These…