1984 Posts located
Korea has once again been threatened by financial contagion that started in another country. In 1997, it began with Thai baht; this time, the trouble started on Wall Street. Since…
When the curtain fell on the XXIX Beijing Olympics, South Korean athletes, with 13 gold, 10 silver, and 8 bronze medals, had proven once again that, ranking seventh in the…
Black September, Meltdown Monday, America’s Financial 9/11, Financial Tsunami, Perfect Storm, worse financial crisis since the Great Depression 1929… Whatever the term used, recent events on Wall Street will certainly…
Adhering to the action-for-action framework of the February 13, 2007 agreement, North Korea and the United States traded symbolic actions last week that grabbed the headlines—explosive video footage of North…
In March, a curious protest took place in Seoul. Private kindergartens were going on strike. Protests by industry groups or workers are not uncommon in South Korea, but something about…
North Korea’s ambassador to the United Nations Kim Song demanded that the United States release a North Korean vessel that is currently held by authorities in American Samoa, warning that…
It’s been nearly one year since the Singapore Summit between President Trump and Kim Jong-un and the two countries are at an impasse. North Korea signals no intention of giving…
What if our understanding of North Korea is inadvertently colored by the very resources that we rely on to deepen our knowledge of the country? What does this say about our policies…
By Jongsung Kim According to a recent Bank of Korea (BOK) release, Korea’s household debt reached its historically highest level at the end of the third quarter in 2014. The report shows that at the end of September 2014, the household debt registered at 1,060.3 trillion won, a 6.7 percent year-on-year increase (993.6 trillion won)…
By Troy Stangarone One of the keys to attracting international investors to the Kaesong Industrial Complex is reducing the political risk of making an investment in the complex and providing a stable business environment. Since the reopening of Kaesong last year, only the German manufacturer, Groz-Beckert, has decided to take that risk. However, a new…
By Troy Stangarone At first glance, the prospect of a summit meeting between Kim Jong-un and Vladimir Putin makes sense. Both Russia and North Korea find themselves increasingly isolated internationally and a summit meeting presents a potential opportunity to demonstrate that they are not as isolated as some may believe. However, below the surface, a…
By Phil Eskeland On August 1, 1975, 35 nations representing the rival Eastern and Western bloc alliances[1] signed an accord that created the Conference on Security and Cooperation in Europe (CSCE) designed to reduce tensions and promote dialogue during the height of the Cold War as part of the “détente” policy of the 1970’s. The…