2004 Posts located
Economic relations between Korea and the United States reached new heights in the year 2006 with the launch of negotiations for a bilateral free trade agreement. While the negotiations were…
Rapid economic development lifted Korea’s per capita income from 15 percent of the U.S. level in 1970 to approximately half by 2005. Growth has been based primarily on inputs of…
The insatiable appetites of banks, insurance companies, pensions, endowments, and high-net-worth individuals make enormous capital possible for private equity funds. The private equity market has become an important source of…
The importance of having an efficient labor market is growing because of recent trends such as globalization, the development of information-communication technology (ICT), and the increasing need for foreign direct…
Although it is happening more rapidly in South Korea, an aging society is a common feature in post-industrial societies around the world. With the number of retirees growing and the…
In March, Seoul suffered from the worst air pollution on record. Enough that the South Korean government has officially designated the problem as a "social disaster." But what is causing…
Over the past few years, Korea and Koreans have experienced incredible political, social, and diplomatic shifts. It is hard keeping up with all these new developments as a Korea Watcher,…
Even before the meeting between President Trump and Kim Jong-un in Hanoi, foreign policy practitioners and observers were talking about the difficulties of sequencing international sanctions relief for North Korea…
By Kenneth Lee Sixty years ago, virtually no one knew of Korea and the few that did would have described it as a war-ravaged backwater of a country. Now, Korea is slowly becoming recognized as a modern and prosperous country. Companies like Samsung and Hyundai are now household names in the West; while Korea’s accomplishments…
By Troy Stangarone A little more than a year after North Korea initially withdrew its workers from the Kaesong Industrial Complex, South Korea announced that German manufacturer Groz-Beckert has received approval to open an office in Kaesong to supply industrial needles to textile factories in the complex. This will make Groz-Beckert the second foreign investment…
By Nicholas Hamisevicz Just as April is historically one of the most contentious months for inter-Korean relations, the West Sea and the Northern Limit Line (NLL) have been among the most contentious areas in inter-Korean relations. Multiple firefights, the sinking of the Cheonan, and the shelling of Yeonpyeong Island all took place in this region.…
By Nicholas Hamisevicz April is often a contentious month for inter-Korean relations. With joint and combined military exercises, along with anniversaries and holidays, there are plenty of opportunities for provocations and hateful rhetoric. April 2014 was no different. An inter-Korean understanding earlier in the year toward ceasing hostile rhetoric has collapsed and North Korea again…