Asia

Just as the world economy was about to be thrown into another Great Depression in late 2008, leaders of the Group of 20 (G-20) and emerging economies gathered for the…

The world of the twenty-first century is not the world in which I grew up. Then, influence and power were centered in the so-called industrialized world—Western Europe, Japan, and North…

When the global financial crisis tore through world economies, national budgets around the world were immediately funneled to stabilize and revive the energy-intensive industries impacted by the market maelstrom. Yet,…

Every country is increasingly interested in the green economy and developing green growth. Different principles, strategies, and methods have been announced. Korea has also acknowledged the importance of the green…

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 Seongjin James Ahn While some were disappointed earlier this month that South Korea’s central bank decided against easing up on nation’s key interest rate, the Bank of Korea’s decision is exactly what the economy needs in this moment: prudence and restraint. Indeed, lowering the interest rate would have helped spur on South Korea’s economy…

By Nicholas Hamisevicz As countries in Asia emerge from this year of elections and transitions, the role and rise of China in the region will remain a top priority. For most of these countries, significant emphasis has been placed on the importance of positive U.S.-China relations in the region. This is especially true for South…

By Nicholas Hamisevicz A year of transitions finishes in historic fashion as South Korea elects Park Geun-hye as its first female president. Her election capped off a series of democratic presidential elections that featured nicely at the beginning and end of this year of transitions, leading off with Ma Ying-jeou winning reelection in Taiwan. Yet…

By Clare Hubbard One indicator of the difficulty that North Korean defectors have in assimilating to life in South Korea is crime statistics. The crime rate among North Korean defectors in South Korea is more than twice that of the country’s overall crime rate of 4.3%.  Defectors are also five times more likely to fall…