Asia

There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news reverberated through the Korean financial…

Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States…

The twenty-first century has already been dubbed the Asian century. Although this nomination may be premature, it is certain that its fi rst decade belongs to Asia. This is reflected…

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…

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.…

By Chad O'Carroll In 2012 South Korea will hold elections for both the National Assembly and the presidency, the first time that both votes will be in held during the same year in several decades. With South Korean president’s being limited to a maximum term of five years, Lee Myung-bak will be ending his term in…

By Dr. Richard Weitz During his campaign for the Russian presidency, Vladimir Putin wrote several lengthy articles detailing his views and policy recommendations. In his foreign policy treatise, Putin devoted a surprising amount of attention to North Korea. Putin writes that, “We have consistently advocated the denuclearization of the Korean Peninsula - exclusively through political…

By Sarah K. Yun Traditionally, Korea’s major diplomatic and trade partners consisted of the United States, Japan, China, Europe, and Russia. Under President Lee Myung-bak’s “New Asia Initiative,” Korea has boosted its engagements in the Asia-Pacific, especially smaller neighbors in the region. The rationale is that Korea can serve as an excellent and non-threatening model…

By Chad 0Carroll With North Korea making a number of concessions related to its nuclear and long-range missile programs last week in Beijing, it now looks like a road-map back to the Six Party Talks is emerging.  For its part, the U.S. reaffirmed important positions regarding its intent and commitment to previous agreements with Pyongyang. …