2004 Posts located
The purpose of this research is to identify an exchange rate regime that would be suitable for North Korea to achieve its goal of economic reform. To do so, we…
This paper reviews and evaluates the development of Bank of Korea policy in historical and comparative perspective. The historical perspective focuses on the most recent of the three stages of…
During the past decade there has been growing academic interest in the field of nation branding. It is increasingly common for governments to adopt the techniques of brand management in…
In Northeast Asia and the United States during the later months of 2008 a great deal of attention was paid to the health of Kim Jong-il. Rumors of a stroke,…
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…
With the help of social media and internationally popular Korean shows, global interest in Korean skincare and makeup products (collectively referred to as K-beauty) has increased exponentially in the past decade. Today, K-beauty products are readily available to American customers at chain stores like CVS and Sephora. This market transition was not coincidental: it was strongly supported…
On July 27, the Korea Central News Agency (KCNA) announced that “the top leaders of the north and the south agreed to make a big stride in recovering the mutual trust and promoting reconciliation by restoring the cutoff inter-Korean communication liaison lines through the recent several exchanges of personal letters.” The hotline was restored at…
The March death of Byun Hee-soo, a former soldier, underscores the challenges faced by LGBT Koreans. She had been forced out of the military because she underwent gender reassignment surgery. Legal protections for LGBT people are weak in South Korea, and they face significant social and political obstacles. Although the Biden administration has signaled its…
What Happened Last September, Google sought to force all apps downloaded from Google Play Store to use its billing system. Mounting criticism from app developers prompted Google to lower its commission rate for its billing system from 30% to 15% for app developers whose annual sales amount to less than USD 1 million. Recently, Democratic Party (DP) lawmakers pushed ahead with…