Asia

On December 12 Jang Song-taek, largely considered the second most powerful man in North Korea and a well-known “China hand,” was executed for treason and corruption, leaving the Chinese government…

This paper examines the evolution of income inequality in South Korea over the period 1965 to 2011 using a fairly new dataset, namely the Standardized World Income Inequality Database (SWIID).…

This paper centers upon two potentially transformative Special Economic Zones (SEZs) on the DPRK’s northwestern frontier – Hwanggumpyeong and Wihwa Islands. As part of a strategy for development along North…

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.…

With the removal of President Yoon Suk Yeol from office, South Koreans head to the polls next week to pick his successor. The leading candidate is Lee Jae-myung of the Democratic Party, a progressive politician with a track record of being critical of Japan. In 2023, he engaged in a twenty-four-day hunger strike to protest…

Economic data for South Korea from recent months, analyzed by the Korea Economic Institute of America (KEI), offers an early indicator of how U.S.-imposed tariffs from April 2 might impact Korea’s economy and U.S.-Korea trade. Section 232 tariffs on steel and aluminum imports went into effect in February, followed by tariffs on autos on April…

South Korea has faced political paralysis since President Yoon Suk Yeol’s December 3, 2024, declaration of martial law, the rapid reversal of that decision by the National Assembly, and the ensuing crisis. The Constitutional Court will decide on April 4, 2025, at 11:00 a.m. KST whether to uphold the Assembly’s decision to impeach President Yoon.…

The digital trade landscape in South Korea offers significant opportunities for U.S. companies, but it also presents a range of challenges. As one of the most technologically advanced countries in the world, South Korea is a lucrative market for digital trade. However, U.S. companies eager to tap into this potential face various challenges, including regulatory…