Economics

Anyone who has spent time in Korea knows the term Yellow Dust. Sand from Mongolia sweeps across China, picking up pollutants and carrying them across borders. Every spring, Koreans bring…

Last week, North Korea launched its Seventh Worker's Party Congress, a major meeting of regime leaders that has not been convened in 36 years. Although analysts had high expectations for…

In this episode, we take a step back from the Korean Peninsula and take a look at Northeast Asia from the perspective of one of its neighbors – Russia. In…

On May 1, South Korean President Park Geun-hye will travel to Tehran, Iran for a summit meeting with her counterpart, President Hassan Rouhani. This visit will be the first time a…

By Troy Stangarone For Greece, tragedy has become a well worn tradition. Whether at the pen of ancient writers such as Sophocles or civil war during and after the Second World War, Greece is well versed in the causes and consequences of tragedies even if they have rarely touched directly on other nations. However, unlike…

By Troy Stangarone On May 2, Korea and China announced that they would begin talks on a bilateral free trade agreement. In many ways, this is a significant step in bilateral relations between Korea and China. The two countries only formally established relations in 1992, and in two short decades the relationship has blossomed on…

By Troy Stangarone Nutritional aid might not be the only cost of North Korea’s recent failed satellite launch.  Only a few months prior to Kim Jong-il’s death there had been significant discussion of building a pipeline to transmit Russian gas through North Korea to the South. North Korea had indicated that it would be willing…

With the KORUS FTA set to come into effect, The Peninsula talked with Amy Jackson of the American Chamber of Commerce for five questions about the benefits of the KORUS FTA, the politics around the agreement, and the future of U.S.-Korea economic relations: 1.  With the KORUS FTA set to come into effect on March…

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