How Marketization Changed Ground Transportation in North Korea
North Koreans who were struggling to overcome the economic crisis began marketization and developed and business vehicles called ‘servi-cha.’
North Koreans who were struggling to overcome the economic crisis began marketization and developed and business vehicles called ‘servi-cha.’
New strategies from Seoul and Washington for engaging with Southeast and South Asia are also creating new opportunities to further expand the relationship.
Rates of female employment in professional, technical, and managerial positions are the lowest of the world’s advanced economies.
The U.S. trade deficit through October with the world expanded by 11 percent, but Korea bucked this trend by declining 22 percent to just $15.1 billion.
While Korea remains the third largest source of foreign students enrolled at U.S. colleges, the number of Korean students in the U.S. declined by 7 percent.
Can Trump use economic strength to keep China and South Korea on board with North Korean de-nuclearization while maintaining tough sanction pressures?
There are no public reports that an assurance was given to South Korea that the U.S. would exempt Korea from higher tariffs in imported autos.
Higher U.S. tariffs on Chinese products leave Korea’s economy vulnerable to this trade fight because many Chinese products incorporate parts from Korea.
Let’s examine the North Korean economic scene in the hot Korean summer of 2018 to see if we can get hints at Kim Jong-un’s thinking.
The initial agreement announced to revise NAFTA includes proposed changes to automobile trade in North America that have implications for Hyundai and Kia.