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 William Brown China’s Customs Bureau on Tuesday released its global trade report for April that includes details of the country’s trade with North Korea[i].  Some initial impact from UNSC sanctions may be observed, although seasonal changes tend to obscure the picture.  Overall trade with North Korea was down about ten percent in April, from…

With the field of presidential candidates narrowed down to three, here is a look at some of the more recent comments by Hillary Clinton, Bernie Sanders, and Donald Trump on the Korean peninsula.   Hillary Clinton February 4, 2016, MSNBC Democratic Debate In response to a question about the biggest national security threat to the…

By Mark Tokola The Republic of Korea and the State of Israel have a lot in common: both were founded in 1948, both had to fight for their early existence, both have succeeded despite a lack of natural resources, both are lively democracies, and both are among America’s closest allies.  On May 14th, the anniversary…

By William Brown September, 1961 was not a happy time in South Korea, at least according to the US Intelligence Community.  See how CIA described the dismal situation soon after junta commander Park Chung-hee’s coup d’état, in a declassified National Intelligence Estimate. “The greatest threat to South Korea, at least in the near term, comes…

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