Asia

The year 2006 witnessed increasing concern among both Americans and South Koreans that their alliance of more than 50 years might be in jeopardy. Differences between the two governments over…

Monetary and Exchange Rate Policy in Declining Centrally Planned Economies and in Early Transition Economies: Some Observations of North Korea

North Korean Economic Reform: An Uncertain Future for a Third-Way Exploration

China's Impact on the Korean Economy

Recently released data from the Department of Commerce confirmed that the United States achieved record-level export of services to South Korea in 2018 – $24.5 billion. Combined with the trade…

We imagine North Korea as a country that is carrying on not only a conflict left over from the Cold War, but also a decrepit legacy economy from the past.…

The second summit between President Donald Trump and North Korean leader Kim Jong-un on February 27 and 28 ended without an agreement. The key difference in the two leaders’ negotiating…

As the complex negotiations between North Korea, the United States, and South Korea continue, it is worthwhile to review what the current U.S. presence on the Korean Peninsula looks like.…

This is the first part in a three part series on the U.S.-Korea Free Trade Agreement. The second part of the series can be found here and the third part here. By Taeho Bark The United States (U.S.) used to be always the largest export market for the Korean products during 1970s and 1980s. The…

By Mark Tokola Reasonable people, especially people new to looking at policy on the Korean Peninsula, might wonder if the North Koreans may have a valid point when they complain that U.S.-ROK joint military exercises are unnecessarily provocative.  If the goal is to engage in constructive diplomacy, wouldn't it be a good first step for…

By Nicholas Hamisevicz With Koreans returning from the Lunar New Year holidays, another opportunity to return to a better state of inter-Korean affairs passed as well. This time last year, the two Koreas had just concluded a rare family visit that included around 100 elderly South Koreans. This year, no such luck would be forthcoming.…

By Troy Stangarone Three months after announcing that they had reached a preliminary agreement, South Korea and China formally announced the conclusion of their free trade agreement (FTA) talks. The additional time allowed the two governments to finalize additional details to strengthen the agreement such as a standstill provision to preclude either country from increasing…