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 Phil Eskeland Last October, the prestigious Gallup organization released a study1 that reported on the level of employee engagement in the workplace based on surveys performed during 2011 and 2012 in more than 140 countries. The aim of this study was to encourage companies and policymakers to support initiatives to increase the number of…

By Troy Stangarone On November 29, Korea took the first step towards joining the Trans-Pacific Partnership (TPP) by announcing an expression of interest in taking part in the agreement. Over the next few weeks it will consult with current 12 members of the TPP, including the United States, Japan, Canada, and Australia about its prospects…

By Jake Braunger and Da Seul Moon Award Winning Foods from Hard Working People Recent news out of South Korea is the excitement over having “kimchi” likely placed on UNESCO's list of intangible cultural heritages. When one is asked to describe where they come from there is a myriad of topics they may choose to…

By Troy Stangarone As political gridlock in mid-October brought the United States to the brink of default for the second time in two years, world leaders and major holders of U.S. debt such as China called on the United States to take responsible actions to protect U.S. debt holders. However, at the same time that…

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