Asia

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,…

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…

What Happened Prosecutor General Yoon Seok-youl stepped down on March 4 to protest the passage of a series of bills that limit prosecutor's investigative power. After opposing the Democratic Party(DP)-backed decision, Yoon's popularity rose in a poll of prospective candidates for the 2022 presidential election, though he has not announced his candidacy. Similarly, polls show Seoul residents favoring the opposing PPP…

What Happened The Moon administration released a statement on March 9 explaining that it may join the U.S.-led Quad+ alliance in the Indo-Pacific in an effort to gain U.S. support on North Korea policy. On March 8, the United States and South Korea reached an agreement for the Special Measures Agreement (SMA) negotiations on cost-sharing for U.S.…

After more than a year since the previous one expired, the U.S. and South Korea finally agreed to terms for a new military burden-sharing deal. The Special Measures Agreement (SMA) had previously been hostage to former U.S. President Donald Trump’s transactional approach to alliances which proved to be a looming threat to U.S.- Korea ties.…

Despite President Joe Biden’s previous description of Russia as an “opponent” and the regime of President Vladimir Putin as “KGB thugs”, it remains possible for Washington and Moscow to cooperate where strategic interests align. This was demonstrated by the extension of the New START Treaty, an agreement that was reached within days of the Biden…