Asia

The financial panic of late 2008 and the global economic recession that followed has been the greatest economic shock since World War II. While North Asia was caught up in…

East Asia is an area where real economic activities are closely linked. The brisk trade in goods and services among East Asian countries shows a well-integrated East Asian economy. Most…

A common problem facing students of the economy of the Democratic People’s Republic of Korea (DPRK) is the shortage of available statistics. It is extremely challenging to procure DPRK data,…

In the wake of the fall of Lehman Brothers, in the fourth quarter of 2008 and the first quarter of 2009 Korea was faced with its biggest economic challenge since…

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.…

Last month was the fifth anniversary of North Korea's assassination of Kim Jong-nam using VX, a deadly nerve agent. On 13 February 2017, the half brother of Chairman Kim Jong-un was attacked by North Korean proxies in the Kuala Lumpur International Airport in Malaysia. Experts say that the deployment of a horrific weapon outside of…

In a previous post, we asked the question of whether the Korean electorate was becoming more polarized, looking at the ideological differences across all citizens and those who identified most strongly with the two major parties. Our findings were that politics was becoming somewhat more polarized, but more sharply among partisans than the general public.…

The New Southern Policy (NSP) is considered one of President Moon Jae-in’s signature foreign policies, along with the New Northern Policy (NNP). It was implemented in November 2017 shortly following his inauguration to foster stronger diplomatic and economic ties with Southeast Asia and India,[1] and consequently bolster South Korea’s independence in leading its foreign relations.…

In a response to a question from KCNA, the state-run North Korean news agency, the North Korean Foreign Ministry spokesperson said “The root cause of the Ukraine crisis totally lies in the hegemonic policy of the U.S. and the West which indulge themselves in high-handedness and arbitrariness towards other countries.” The response of the spokesperson…