Displaying all content tagged with the region Asia.
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Asia
The Democratic People’s Republic of Korea (henceforth North Korea) certainly seems to like being different from other countries. Whereas governments of virtually all the world’s countries regularly publish data on…
May 25, 2011
Recent developments on the Korean peninsula are raising expectations that the DPRK may finally be ready for a new era of political rapprochement and economic opening. This possibility is reflected…
May 25, 2011
The United States and Korea finished the eighth round of negotiations for a bilateral free trade agreement (FTA) in mid-March 2007, and the agreement is likely to be concluded eventually.1…
May 25, 2011
The U.S.-ROK bilateral economic relationship entered a new era 1 April 2007 when President George W. Bush notified the U.S. Congress of his intent to enter into a free trade…
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
The 2022 OECD Economic Survey of Korea, released in September, highlighted the need to strengthen the social safety net. In particular, the share of the population aged 65 and older in relative poverty exceeds 40%, nearly triple the OECD average (Figure 1). Ensuring adequate retirement income requires reforms to improve the National Pension Service (NPS),…
November 1, 2022
Recent debates on South Korea securing an independent nuclear weapons capacity have addressed several issues, including strategic relevance and operational utility, its impact on the U.S. alliance, how it will affect the balance of power on the Korean Peninsula, and its contribution to the regional arms competition. Less discussed has been the question of South…
October 28, 2022
The Korean Peninsula is currently in a pattern of tit-for-tat provocation: short and long-range missile tests; combined training exercises; artillery live-fire exercises, and border area fighter jet sorties. The pattern in place will reach a new level if and when North Korea undertakes its seventh nuclear test. What will this mean in the context of…
October 24, 2022
Ahead of the Chuseok holiday last month, Unification Minister Kwon Young-se said South Korea was interested in negotiations with North Korea about holding another round of inter-Korean family reunions. The urgency of the issue has only increased since the last time they were held, back in 2018. In his remarks at a government press conference,…