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Just as the world economy was about to be thrown into another Great Depression in late 2008, leaders of the Group of 20 (G-20) and emerging economies gathered for the…
The world of the twenty-first century is not the world in which I grew up. Then, influence and power were centered in the so-called industrialized world—Western Europe, Japan, and North…
When the global financial crisis tore through world economies, national budgets around the world were immediately funneled to stabilize and revive the energy-intensive industries impacted by the market maelstrom. Yet,…
Every country is increasingly interested in the green economy and developing green growth. Different principles, strategies, and methods have been announced. Korea has also acknowledged the importance of the green…
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 Troy Stangarone During the Cold War, Russia served as North Korea’s primary trading partner and provider of security guarantees. As the Cold War came to an end, however, Russia reoriented its foreign policy towards the West and relations with North Korea were downgraded as Moscow sought closer ties with Seoul. That may be changing.…
By Troy Stangarone When scholars and historians look back on the Seoul G-20, it is likely to be seen as a brief interregnum between crises rather than the first post-crisis summit that many world leaders had hoped it would be at the time. Since the Seoul Summit last November, the world has faced growing concerns…
By Sarah K. Yun Soft power is the ability of a country or an actor to obtain what it wants through attraction and charm rather than through hard power and force. The ultimate goal of fostering soft power is to promote a positive image in order to enhance one’s ability to influence. Like many nations,…
By Nicholas Hamisevicz In the last year, South Korea and India have upgraded their relationship to a “strategic partnership.” The increased ties between the two countries were kicked off with South Korean President Lee Myung-bak’s state visit to India in 2010 and followed up by delegations from both countries that built upon economic and cultural…