Global Insider: South Korea’s Civil Nuclear Industry
South Korea’s burgeoning civil nuclear industry is gaining increasing international attention, due to a recent $20 billion construction deal with the UAE (which included an additional $20 billion operation and service contract), and potential multi-billion deals with both Turkey and India. In an e-mail interview, Mark Hibbs, senior associate of the Carnegie Endowment for International Peace’s Nuclear Policy program, discusses South Korea’s rise to prominence in the global civil nuclear energy industry. WPR: What is South Korea’s current status in the global civil nuclear industry? Mark Hibbs: South Korea has steadily built up its nuclear power sector over the last [...]
After half a century, the revolution in computer technology continues to rapidly transform the world about us. For reasons that are fundamentally economic, the atomic building blocks on which that revolution is based are semiconductor electronic components — chips. It has been estimated that technological improvements in semiconductors accounted for 40 percent to 60 percent of the price-performance improvement in computers in the late 1990s. Those rapid declines in computer prices in turn led to much wider usage of computers and significant improvement in U.S. productivity growth during the same period. The first electronic digital computers used during World War [...]
BEIJING — The sinking of the South Korean corvette Cheonan has lent further weight to the argument that Washington’s current North Korea strategy is having little success in controlling the errant communist state. President Barack Obama’s recent National Security Strategy was surprisingly vague on the issue, and the predictable U.S.-South Korean displays of naval strength in the aftermath of the sinking suggest no imminent policy reorientation from the White House. This continued faith in a strategy that has shown no tangible results — described by one analyst as the “definition of insanity” — has been further challenged by recent indications [...]
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