2004 Posts located
The paper reviews some of the key aspects leading to Korea’s remarkably successful economic transformation, including its consistent and aggressive pursuit of export-led growth, its investments in basic services and…
Korea’s economic development is often cited as a model for other developing nations. One of about 60 countries whose per capita income was less than $300 in the 1960s, only…
Korea has shaken off some of the impacts brought by the Sewol ferry disaster, but its overall pace of growth is still very weak. The Korean economy is forecast to…
The Korean economy has faced several crises, such as the ending of the rapid economic growth era in the 21st century, continued stagnation of per capita GDP growth since 2007…
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 Luke Herman As the Kim Jong Un regime completes its eighth month in power following Kim Jong Il’s death in December 2011, there seem to be a number of differences between how this succession is being carried out with how it was carried out in 1994. For one thing, it has proceeded at a…
By Clare Hubbard The 2012 Heritage Foundation/ Wall Street Journal Index of Economic Freedom ranks North Korea last, after Cuba and Zimbabwe, with an economic freedom score of 1. However, in the mid-1990s famine when women and men had to focus on securing food by generating income and bartering for staples and foodstuffs, small-scale markets…
In the latest public opinion poll from the Asan Institute for Policy Studies Park Geun-hye and Ahn Cheul-soo remain in a neck and neck race. While in a two way race between Park and Moon Jae-in, Park has opened up a 5 point lead. In the race to determine who will represent the progressive side,…
By Nick Miller Main Actors within North Korea Decision Making North Korea’s political structure is a set of institutions built to sustain the Kim family. The Korean Worker’s Party (WKP) and other state agencies were designed by Kim Il-sung and Kim Jong-il to be used to play rivals off one another and assist him in…