Displaying all content tagged with the region Asia.
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Asia
After two years of sluggish growth, the Korean economy is now recovering. Economic activity began to revive in the early part of 2005 and accelerated throughout the year, reaching an…
May 25, 2011
The Korea-U.S. Free Trade Agreement (KORUS FTA) and the Korea-European Union Free Trade Agreement (Korea-EU FTA) are the major FTAs for the Korean economy. Although both FTAs share many similarities,…
May 15, 2011
This study was undertaken to assess possible futures for the North Korean regime and the Korean peninsula that could affect U.S. and regional interests, and to consider which U.S. and…
April 1, 2011
This article is aimed at analyzing, in a comparative perspective, the economic reforms undertaken by Democratic People’s Republic of Korea (DPRK, or North Korea) and Cuba since the demise of…
April 1, 2011
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…
July 5, 2019
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…
June 28, 2019
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…
June 14, 2019
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…
June 7, 2019
What Happened Climate change activists criticized plans to develop a new airport in the Busan region. Both the ruling and opposition parties have lauded the airport project as a potential harbinger for further local development as it will connect the city of Busan and its surrounding area to Southeast Asia. Activists in Jeju Island also worry that the construction of…
February 18, 2021
What Happened On February 9, South Korea’s Ministry of Unification discussed potentially reopening the inter-Korean Kaesong Industrial Complex. Moon Jae-in and Kim Jong Un agreed to reopen the complex in 2018. However, North Korea has not shown any willingness to cooperate on inter-Korean issues at the moment, including the Kaesong Industrial Complex. Implications: Despite South Korea’s offer of economic…
February 16, 2021
What Happened Music streaming giant Spotify will launch a localized service in South Korea in the first half of 2021. The share of users listening to K-pop has increased by more than 2,000% in the last six years and the company hopes to add more artists to their platform. Spotify will compete with local music streaming services such as Kakao’s Melon…
February 12, 2021
What Happened After a 7-year trial, the Seoul court ruled on January 8 that the Japanese government must pay reparations to 12 Korean women who were forced to work in Japanese military brothels during WWII. The Japanese government claimed the legal case should be dropped based on state immunity, a doctrine that makes states immune to civil suits…