Asia

The financial panic of late 2008 and the global economic recession that followed has been the greatest economic shock since World War II. While North Asia was caught up in…

East Asia is an area where real economic activities are closely linked. The brisk trade in goods and services among East Asian countries shows a well-integrated East Asian economy. Most…

A common problem facing students of the economy of the Democratic People’s Republic of Korea (DPRK) is the shortage of available statistics. It is extremely challenging to procure DPRK data,…

In the wake of the fall of Lehman Brothers, in the fourth quarter of 2008 and the first quarter of 2009 Korea was faced with its biggest economic challenge since…

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 Troy Stangarone The 2008 financial crisis began to raise questions about whether the United States was a waning power soon to be eclipsed by a rising China. Despite China’s economy still being less than half the size the United States at the time, its vast population and consistent high levels of growth made China…

By Gerard Krzic Anyone visiting Korea and sightseeing at a rural Buddhist temple usually passes over a stone bridge that crosses a stream or river before entering the main temple grounds.  It has been said that the bridge represents crossing oceans as one moves from the land of daily hardships to the land of enlightenment…

By Mehrun Etebari Yesterday, during his speech at the United Nations General Assembly, Israeli Prime Minister Benjamin Netanyahu argued that the experience of North Korea – who reached an agreement to dismantle its nuclear program in 2005, but tested its first nuclear weapon in 2006 – must warn the international community to refrain from optimism…

By David S. Maxwell As we celebrate the 60th Anniversary of the 1953 ROK/U.S. Mutual Defense Treaty we should keep in mind that celebrate is the right word for Koreans and Americans to attach to this milestone.  We can proudly look back on its success. In so doing we should realize that it remains relevant…