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 Chad 0Carroll Originally known for being a company that sold bargain electronics products, in 1995 Samsung chairman Lee Kun-hee ordered his employees to set on fire a mountain of 140,000 mobile phones, fax machines and other electronics in an effort to reform and rejuvenate the company.  Fast forward to 2011, and in the cell phone market…

By Troy Stangarone In his remarks before Congress, President Lee Myung-bak pledged to help Libya through its transition saying “We will take part in the international effort in bringing democracy to Libya and rebuilding its shattered economy.”  While Korea’s efforts in helping Libya are laudable, Korea may also be in a position to help utilize…

By Nicholas Hamisevicz Much of the focus this week has been on the enduring U.S.-ROK relationship and how these countries envision a future Asia as South Korean President Lee Myung-bak arrives in Washington for a state visit. However, beyond the U.S.-South Korea alliance, Korea’s emerging relationship with India can also be an important aspect in…

By Troy Stangarone The arrival of South Korean President Lee Myung-bak seems to have concentrated the minds of Republicans and Democrats in a manner that only imminent default has achieved prior to now. Little more than a week ago, it was uncertain that the long-pending free trade agreements with Korea, Panama, and Colombia would even…

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