Is This The End Of The South Korean Miracle?

Can China avoid becoming Japan? In a few decades’ time, we may be talking about how today’s up-and-coming economic superpower is starting to look like the Land of the Rising Sun and Falling Expectations. But before that, another country is first in line: the Republic of Korea. Despite differences in politics and size, China can […]

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When North Korea Collapses

As we have pointed out previously, in the principal divided-country scenarios of the second half of the 20th century — North and South Vietnam, East and West Germany, North and South Yemen — reunification was thought of for decades as only a remote possibility, before it suddenly occurred in a tumultuous, fast-moving fashion, in a way few of […]

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‘Gangnam Style’ Tells Economic Truth of Our Day

It isn’t every day that the finance minister of a major nation mentions a rap star when talking up his economy. But then South Korea (KOSPI) isn’t your average economy and Psy isn’t your usual entertainer. Bahk Jae Wan did that in an Oct. 9 interview. South Korea’s top economic official cited the singer of the global smash hit […]

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Asia Knows How to Get Along With a Bigger China

Preparing for a recent trip to Indonesia last week, I came across an article by Meidyatama Suryodiningrat, the editor of the feisty Indonesian daily Jakarta Post, protesting that the Obama administration’s “pivot” to Asia seemed too much like an attempt to start a cold war against China, with the help of its neighbors. America’s “economic intentions and wherewithal” in […]

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