Displaying all content tagged with the region Asia.
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Asia
This past year—2007—was another solid one for Korea’s economy. Buoyed by continued strong exports and a pickup in domestic demand, real GDP is estimated to have grown by nearly 5…
May 25, 2011
The year 2007 demonstrated more clearly than ever that external economic engagement provides a chance to help convince North Korea to abandon isolation and take specific actions toward denuclearization that…
May 25, 2011
On 30 June 2007, United States Trade Representative Susan C. Schwab and Republic of Korea Trade Minister Kim Hyun-chong signed the United States-Korea Free Trade Agreement (KORUS FTA), an encompassing…
May 25, 2011
As the first decade of the twenty-first century nears an end, distinct patterns are emerging in the global trading system. The Doha Development Round remains stalled and has begun to…
May 25, 2011
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…
April 5, 2019
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.…
March 29, 2019
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…
March 8, 2019
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.…
March 5, 2019
By Seongjin James Ahn While some were disappointed earlier this month that South Korea’s central bank decided against easing up on nation’s key interest rate, the Bank of Korea’s decision is exactly what the economy needs in this moment: prudence and restraint. Indeed, lowering the interest rate would have helped spur on South Korea’s economy…
January 22, 2013
By Nicholas Hamisevicz As countries in Asia emerge from this year of elections and transitions, the role and rise of China in the region will remain a top priority. For most of these countries, significant emphasis has been placed on the importance of positive U.S.-China relations in the region. This is especially true for South…
December 27, 2012
By Nicholas Hamisevicz A year of transitions finishes in historic fashion as South Korea elects Park Geun-hye as its first female president. Her election capped off a series of democratic presidential elections that featured nicely at the beginning and end of this year of transitions, leading off with Ma Ying-jeou winning reelection in Taiwan. Yet…
December 21, 2012
By Clare Hubbard One indicator of the difficulty that North Korean defectors have in assimilating to life in South Korea is crime statistics. The crime rate among North Korean defectors in South Korea is more than twice that of the country’s overall crime rate of 4.3%. Defectors are also five times more likely to fall…