Economics

Though hesitant to officially join the U.S. Indo-Pacific Strategy, South Korea is seeking to promote many of the same values through the Moon administration’s “New Southern Policy.” Central to this…

This month, the world was reminded once again that the relationship between the Republic of Korea and Japan is deeply fractious. Japan has imposed restrictions on the export of chemical…

The North Korean economy is changing – we know this because of widely reported growth of private markets since the famine of 1990s. But black markets and illicit activities are…

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…

By Nicholas Hamisevicz From the Hack North Korea contest to smuggling in USBs and launching balloons over the DMZ, there have been many ways people have tried to get outside information to the North Korean people. Recently, an effective strategy was simply to have a powerful wireless Internet signal that anyone can access. This move,…

By Troy Stangarone On September 23, South Korean President Park Geun-hye and more than 120 world leaders attended the United Nations Climate Summit in New York during the annual opening of the General Assembly. The summit, held as a prelude to the United Nations Climate Change Conference in Paris next year where world leaders hope…

By Nicholas Hamisevicz & Phil Eskeland With the expectation of the confirmation of Mark Lippert to be the United States’ next Ambassador to the Republic of Korea (South Korea), he will face a series of challenges and opportunities in his new role. In his prepared testimony and at his nomination hearing, Mr. Lippert rightly discussed…

By Nicholas Hamisevicz Recently, there was a big setback in Korea-India relations. The deal that was made back in 2011 for India to purchase eight minesweepers from South Korea is currently on hold and may soon be scuttled. It was announced that India’s Ministry of Defense launched an inquiry into the claim that the Kangnam…

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