2004 Posts located
The year 2010, which is when the Korean economy recovered from the 2008 global financial crisis, seems to have been the turning point to rerecognize China’s importance in many respects.…
As the economy of the Democratic People’s Republic of Korea becomes increasingly isolated, it depends more and more on the People’s Republic of China for survival and development. The PRC…
Fundamental changes to the nature of politics inside China’s Communist Party are occurring at the same time Beijing and Pyongyang work out a new relationship. These developments are already affecting…
Incredible change in the global economy over the past decade has shattered virtually everyone's expectations of what the next fifty years will look like, and Korea is no excpetion. The…
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 Nicholas Hamisevicz Reassure, reaffirm, reengage, and rebalance are all going to be key words used during President Obama’s trip to Japan, South Korea, Malaysia, and the Philippines. This is a very important trip for President Obama. During this visit to Asia, President Obama has to try to make up for the cancellation of a…
By Clare Hubbard The official statement regarding President Obama’s April trip to Korea indicates that the main discussion points will be the ongoing implementation of the KORUS FTA, recent developments in North Korea, and reaffirming the U.S.-Korea alliance. However, one main reason for Obama’s trip to the peninsula is missing from the itinerary released by…
By Nicholas Hamisevicz The recent ruling by India’s Supreme Court requiring Samsung Electronics chairman Lee Kun-Hee to come to India to face criminal charges connected to the alleged failure of a Samsung subsidiary to pay one of its Indian suppliers is yet another example of how India continues to turn away potential Korean and international…
By Kristen Lee During the 1960’s under President Park Chung-hee’s economic stewardship, the founders of today’s chaebol facilitated South Korea’s recovery after the war. These huge family-led business conglomerates became the foundation of the Korean economy and an integral part of Korea’s export-oriented growth. This rapid economic development, known as the “Miracle on the Han…