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Analysis of economics, politics and public policy in East Asia and the Pacific.
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Is South Korea Facing ‘Lost Decades’?
In recent years, the South Korean economy has slowed significantly. South Korea’s average annual growth rate has fallen from a high of 9.8 percent in the 1980s to an...
China’s Economic Woes May Affect its Commitment to Climate Change
As the world’s largest emitter of greenhouse gases, China is under the spotlight in the global climate regime. In recent years, the country has become increasingly active in international...
South Korea’s High Growth Model has its Shortcomings
Just a few decades ago, South Korea was seen as a model for achieving both growth and equity. In the past half-century, South Korea has gone from being one...
Are Calmer Heads and Seas Prevailing in the South China Sea?
In July, the much anticipated Permanent Court of Arbitration (PCA) decision on the South China Sea was delivered in favour of the Philippines. While Chinese propaganda machines were in...
Vietnam’s Regional Defense Integration Part of its Economic Future
The United States’ complete lifting of the decade-long embargo on arms sales to Vietnam marked a historic milestone in US–Vietnam relations, paving the way for a strategic partnership between...
Practicing Responsible Middle-Power Diplomacy is South Korea’s Way Forward
South Korean Foreign Minister Yun Byung-se once again defended the deployment of the Terminal High Altitude Area Defense (THAAD) missile system on the Korean peninsula in a meeting with...
How did China’s Productivity Find a Lower Gear?
China’s substantive economic slowdown following the 2008–09 global financial crisis has added fuel to the long-running debate over the sustainability of China’s growth model. Despite the government’s unprecedented stimulus...
Thailand Coup Leaders’ Democracy is Lacking
More than two years since the coup, Thailand’s political situation remains volatile. The coup leaders have vowed to make Thailand more democratic and commit to political reforms. Yet the...
The PCA’s Ruling was Supposed to Help South China Sea Security
The Permanent Court of Arbitration’s (PCA) ruling in the South China Sea case filed by the Philippines has been labelled a ‘sweeping victory’ against China. It concluded that China...
Has a Missile Defense System Ever Not Caused Tension?
After hesitating for several years, South Korea decided to let the US-made Terminal High Altitude Area Defence (THAAD) anti-missile system be deployed in North Gyeongsang Province. Seoul and Washington...