Economics

    In the mid-1990s, North Korea experienced a famine that by some estimates wiped out 10 percent of the population. Though many at the time thought the regime would…

    On April 8, North Korea withdrew all of its workers from the Kaesong Industrial Complex, temporarily placing on hold the last form of cooperation between North and South…

With worldwide familiarity of Korean pop culture increasing through the viral exposure of Korean musician Psy’s hit record “Gangnam Style”, this episode Korean Kontext speaks to Mark James Russell, author…

In this episode we spoke to B.R. Myers, author of “The Cleanest Race” and regular contributor to the New York Times, Wall Street Journal, and The Atlantic.  Having been raised…

By Jae-kyung Park Early last month, the U.S. Department of State and the Ministry of Foreign Affairs of China exchanged harsh words publically on the issue of South China Sea. On August 3, the U.S. State Department issued a press statement with the heading of ‘South China Sea’. The words therein are carefully and considerately crafted,…

By Nicholas Hamisevicz Initial KCNA and other reports about the September 25, 2012 Supreme People’s Assembly (SPA) meeting indicate North Korea has made no public announcement on economic or agricultural reforms as anticipated by numerous press articles and North Korea watchers. Proclamations following the meeting emphasized changes to North Korea’s education system. Thus, those that…

By Seongjin James Ahn In light of all the recent and mixed reports attempting to evaluate Korea’s economic outlook for the remainder of 2012 and beyond, many analysts have been wondering what truly lies ahead for Korea’s economy.  Is the country bound for leaner times, or will things turn around?  What will a potential economic…

By Sarah K. Yun As leaders of the Asia-Pacific nations gathered for the 20th Asia-Pacific Economic Cooperation (APEC) Leaders’ Meeting in Vladivostok, Russia on September 8-9, the ongoing effects of the euro crisis and global financial crisis added urgency to their efforts to increase regional economic growth and give APEC a leading role in the…

As disruptions in supply chains continue, what practical steps can the U.S. and Korea take to strengthen supply chains against future crises?