South Korea

A container truck drives in the container area at the Yangshan Deep Water Port, part of the newly announced Shanghai Free Trade Zone, south of Shanghai (REUTERS/Carlos Barria).

Paper

China's Economic Rebalancing and Lessons from Japan, South Korea and Taiwan

October 2, 2013, David Dollar

China’s senior leaders have spoken for some time about the need to rebalance the economy away from such heavy reliance on exports and investment, towards internal consumption. This working paper by David Dollar examines the earlier development experiences of Japan, South Korea, and Taiwan in order to shed light on the questions of whether China really needs to rebalance towards consumption and how it might be accomplished.

Recent Activity

Refine by: Northeast Asia | Asia and the Pacific | North Korea | Japan

In the News

I hope that when the exercise winds down in a few weeks, they [the North Koreans] will wind down the rhetoric and we will be in a better place than we are now.
April 5, 2013, Evans J.R. Revere, The Guardian (UK)
In the News

I think the steps taken by the Obama administration are prudent and the minimum necessary to send a message to [North Korea] and our allies that we are prepared to defend them.
April 5, 2013, Evans J.R. Revere, The Guardian (UK)
In the News

The danger here is that South Korea, with U.S. moral support, retaliates and then North Korea feels that it needs to counter-retaliate; China doesn’t control it and so it’s a vicious circle.
April 2, 2013, Richard C. Bush III, Washington Times
Interview | Voice of America

Tensions on the Korean Peninsula

April 1, 2013, Evans J.R. Revere
In the News

We are in a vicious cycle [with North Korea]. Even if things calm down after the current U.S.-South Korea exercise, we will still be at a higher level of tension than in the past.
March 29, 2013, Evans J.R. Revere, Wall Street Journal
In the News

[U.S. support for a U.N. inquiry into human rights abuses in North Korea could prompt other nations] especially those on the fence, to come forward in support of the initiative.
February 20, 2013, Roberta Cohen, Washington Post
Expert Q & A | Richard C. Bush III

South Korea's 2012 Presidential Elections: Continuity Over Change

December 19, 2012, Richard C. Bush III
In the News

[Leadership change in East Asia] creates a great potential for change. New leaders say things during their leadership campaign, and when they take office, can pursue new policies. This creates new context for bilateral relations and relations among countries in East Asia. It's a source of uncertainty, but it's also a source of opportunity.
December 16, 2012, Richard C. Bush III, Japan Times Online
In the News

But there are also important political considerations that have acted as roadblocks. FTAs are inter-governmental negotiations and when diplomatic relations are strained because of historical or territorial issues, the impetus for these official trade negotiations wanes.
October 26, 2012, Mireya Solís, Lifeweek.com.cn
Expert Q & A

World Bank Leadership Should Reflect Emerging Economies

March 28, 2012, Colin I. Bradford