Asia

Rapid economic development lifted Korea’s per capita income from 15 percent of the U.S. level in 1970 to approximately half by 2005. Growth has been based primarily on inputs of…

The insatiable appetites of banks, insurance companies, pensions, endowments, and high-net-worth individuals make enormous capital possible for private equity funds. The private equity market has become an important source of…

The importance of having an efficient labor market is growing because of recent trends such as globalization, the development of information-communication technology (ICT), and the increasing need for foreign direct…

Along with commercial banks, capital markets are an integral part of the financial systems in most capitalist economies, and their relative importance is constantly increasing. Countries around the world are…

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.…

As concern regarding an imminent North Korean nuclear test increases, the debate on South Korea securing its own nuclear weapons is also increasing. There are strong reasons why this debate should be looked at very carefully in Washington. The current debate started with recent discussions in the Yoon Administration regarding the hosting of U.S. tactical…

North Korean leader Kim Jong Un, perhaps emboldened by his embrace of Russia’s war in Ukraine, has unleashed a wave of missile tests, with a possible nuclear test to come. The Pyongyang regime claims to be developing tactical nuclear weapons and to be responding to recent joint military exercises by the U.S., South Korea and…

The meeting between South Korean President Yoon Suk-yeol and Japanese Prime Minister Fumio Kishida on September 21 was notable mainly for the fact that it took place. It was a brief exchange – some 30 minutes – taking place on the sidelines of the United Nations General Assembly meeting in New York. The two governments…

Since the inauguration of Yoon Suk Yeol as President of South Korea four months ago, a shift in policy on North Korean human rights has been increasingly obvious.  During the previous five years of the Moon Jae-in presidency, effort and energy was focused on seeking ways to engage with North Korea.  Little progress in North-South…