Asia

Since the signing of the Mutual Defense Treaty in 1953, the U.S.-ROK alliance has been tremendously successful in deterring a large-scale attack by the DPRK. Even during national famines and…

This paper builds on the assumption that Korean engagement with Latin American countries is related to resources endowment on both sides. This makes for an interdependent relationship in which Korea…

Along with the revolution in the information technology (IT) industry, the world economy has also witnessed a spectacular rise of the financial industry in recent decades. The GDP share of…

Following several lost decades of stagnant growth and bad governance after independence in the 1960s, African countries are now resurgent. Whether one looks at gross domestic product (GDP) growth, investment…

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 Joy Kim South Korea is currently the world’s 15th largest economy. This fact strikes many as amazing given that Korea’s Gross National Product (GNP) per capita increased by more than 243 times over the span of 50 years, from $82 in 1961 to $20,000 in 2006. The baby boom generation who were born in…

By Nicholas Hamisevicz The surprise news to start the week is that Vice Marshall Ri Yong Ho, chief of the general staff of North Korea’s army as well as a member of the Political Bureau and the Central Military Commission, was relieved of all his positions due to “illness.” During the last year of Kim…

By Chad 0'Carroll Chosun Ilbo columnist Kim Dae-joong wrote yesterday that because South Korea is surrounded by three nuclear weapons countries (DPRK, China and Russia), it should consider acquiring nuclear weapons. He argued that new laws passed in Japan meant that Tokyo “wants to develop nuclear weapons”, leaving the ROK as the only country in…

By Elizabeth Hervey Stephen In a recent piece in the Asia Sentinel, which was re-posted in The Irrawaddy, Philip Bowring correctly noted that South Korea is facing a population crisis with sustained low fertility in the range of 1.2 children per woman.  As one solution to the birth dearth, he proposes looking toward reunification with North…