Asia

The purpose of this research is to identify an exchange rate regime that would be suitable for North Korea to achieve its goal of economic reform. To do so, we…

This paper reviews and evaluates the development of Bank of Korea policy in historical and comparative perspective. The historical perspective focuses on the most recent of the three stages of…

During the past decade there has been growing academic interest in the field of nation branding. It is increasingly common for governments to adopt the techniques of brand management in…

In Northeast Asia and the United States during the later months of 2008 a great deal of attention was paid to the health of Kim Jong-il. Rumors of a stroke,…

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.…

The drop in Korea’s total fertility rate to 0.78 in 2022 has heightened concerns about the impact of rapid population aging and decline. Despite numerous government initiatives, such as introducing free early childhood education and care in 2012, the fertility rate has continued to edge down. Korea’s median age jumped from 33.6 years in 2005…

On July 18, 2023, U.S. Army soldier Pvt Travis King, who was on a civilian tour of the DMZ (Demilitarized Zone that marks the boundary between South Korea and North Korea) bolted from the tour group and sprinted onto the North Korean side of the boundary.  He was chased by soldiers guarding the south side…

Earlier this year, President Yoon Suk Yeol took steps to stabilize relations with Japan. Since then relations have been advanced through two bilateral summits, a meeting at the G7, and an expected trilateral summit later this August with the United States. Despite these advances, there are issues that could still constrain relations, specifically Japan’s plan…

President Yoon Suk Yeol presided over the Presidential Committee on an Aging Society and Population Policy in March. It was the first time that a president had attended a meeting of the Committee since 2015, reflecting rising concern over the decline in Korea’s total fertility rate to 0.78 in 2022 (Figure 1). It is the…