The Security of South Korea and the US—ROK Military Relationship

Author(s):  
Kim Jung-Ik
Keyword(s):  
2021 ◽  
Vol 13 (10) ◽  
pp. 5573
Author(s):  
Insung Son ◽  
Sihyun Kim

This study analyzed partner volatility (new, old, revocation partners) and country-specific signal effects (United States (US), Taiwan, Japan, and South Korea) for Apple iPhone parts suppliers from 2007 to 2018. Mid- to long-term stock price movements were also analyzed to define trading patterns by investor type. The results using logit regression analysis revealed that new partners and revocation partners each have a signaling effect perceived as positive and negative information in the short term, and the excess returns by country showed a positive signaling effect in the order of the US, Taiwan, South Korea, and Japan. The findings also suggest that the change in the new partners’ stock price after the preannouncement of new products was useful investment information. Moreover, information asymmetry was found between individual investors, institutions, and foreigners. Results indicate that new partner selection in the smartphone market impacts corporate value and serves as useful investment information.


2021 ◽  
Vol 16 (3) ◽  
pp. 447-469
Author(s):  
Jonathan E. Leightner ◽  

Some Ricardian models would predict a fall in unemployment with trade liberalization. In contrast, the Heckscher-Ohlin model (Stolper Samuelson Theorem) would predict trade liberalization would cause a fall in wages for labor scarce countries, resulting in greater unemployment if there are wage rigidities. The choice of which theoretical model is used affects the empirical results obtained. This paper produces estimates of the change in unemployment due to a change in imports that are not model dependent. The estimates produced are total derivatives that capture all the ways that imports and unemployment are correlated. I find that unemployment increases with increased imports for Austria, Greece, Japan, Portugal, South Korea, Slovenia, and Sweden, but that unemployment decreases with increased imports for Australia, Belgium, Canada, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, Ireland, Israel, Italy, Latvia, the Netherlands, New Zealand, Norway, Poland, Slovakia, Spain, the UK, and the US.


Author(s):  
Jude Woodward

This chapter looks at South Korea’s response to the US ‘pivot’. It takes stock of the post-war division of the peninsula and its consequences for the international alignment of both North and South. It considers how the ‘economic miracle’ in South Korea led to growing competition with Japan and greater synergies with China. It looks at the degree to which North Korea threatens stability in the region, and to what extent its demonisation justifies a major US presence in close proximity to China. The chapter discusses whether resurgent China is seen as a threat to South Korean interests or chiefly viewed through the prism of mutual economic benefit; and contrasts alleged concerns about China with those provoked by Japan. It concludes that while South Korea has continued to step up its military collaboration with the US, it has not become a cheerleader for pushing back against China and has not signed up to a US strategy to contain China.


2019 ◽  
pp. 69-100
Author(s):  
Suhi Choi

The term “Yŏsun Killings” refers to a prewar atrocity in which the US-allied South Korean forces killed numerous civilians who were accused of being either communists or communist sympathizers in the cities that had been occupied by rebels in the southwestern part of South Korea. As one of the sites of these atrocities, Gurye became the first town in South Korea to erect a public memorial in 2006 for the victims of the Yŏsun Killings. Gurye presents a case that demonstrates how democratized South Korea has continued to negotiate a strong legacy of anticommunism, even at its subversive memorial sites. In a land that has long muted the memories of an old atrocity, suppressed mourners in Gurye are still struggling to reclaim their fundamental yet long-deprived rights to mourn the loss of their loved ones.


2020 ◽  
Vol 56 (02) ◽  
pp. 2040009
Author(s):  
YOSHIHIDE SOEYA

In an Indo-Pacific era characterized by a strategic clash between the US-led Indo-Pacific strategy and the Chinese Belt and Road Initiative, middle-power cooperation needs to be re-conceptualized. Traditional ASEAN-centered processes and institutions may be strengthened if not replaced by a new type of middle-power cooperation involving “external countries” to ASEAN such as Japan, Australia, India, and South Korea.


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