Asia

The year 2008 saw a reversal of a long-lasting policy constellation in the international community visà- vis the Democratic People’s Republic of Korea (North Korea). South Korea, for 10 years…

The year 2008 will be recorded in world history as a year in which the global capitalist system was threatened as a consequence of the U.S.-originated financial turmoil that began…

Following several years of strong expansion, the Korean economy began losing momentum in the second half of 2008 in the wake of the stress engulfing the global financial system. Although…

North Korea’s economy has been on the verge of collapse since the beginning of the second nuclear crisis in 2002 because of the international community’s growing sanctions and pressure. The…

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.…

In South Korea, culture plays an active role in developing industries – and industries help further promote Korean culture. Developments in the “metaverse” show us how this partnership operates. In response to the pandemic, companies are building online worlds where people can interact with other users through a virtual character (think about using a multiplayer…

What Happened In 2011, the South Korean government made an anti-online gaming law dubbed the “shutdown law” or the “Cinderella law” that blocks those under the age of 16 from accessing games after midnight in an effort to curb game addiction among adolescents. This year, teens blocked from buying the popular computer game Minecraft petitioned the presidential office to…

After the first U.S-North Korea summit held in Singapore in 2018, President Donald Trump and Chairman Kim Jong-un vowed to “establish new U.S.–DPRK relations in accordance with the desire of the peoples of the two countries for peace and prosperity.” Although an end of war declaration has been identified as one way for both sides…

In the summer of 2017 Rex Tillerson, during his tenure as Secretary of State for the first 13 months of the Trump administration, authorized a “Geographical Travel Restriction” prohibiting U.S. citizens from traveling “into, through or in North Korea.”  The travel prohibition became effective on September 1, 2017, and it was valid for one year. …