Economics

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.…

When people talk about South Korea’s foreign policy, they are more often than not focused on how Seoul engages with its immediate neighbors on denuclearization. However, as a global trading…

2018 has been an incredibly eventful year for both the Koreas and the U.S.-Korea relationship: from North Korea’s participation in the Winter Olympics at the start of the year to…

The Trump Administration is once again considering using Section 232 to impose tariffs on imported goods based on a threat to national security. The President originally used this provision to…

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?