South Korea

This article was published on The Korea Times on July 19, 2023. Dating back to last year’s presidential election, the Yoon Suk Yeol administration has sought to transform Korea’s foreign…

For Immediate Release September 8, 2024 WASHINGTON, DC — The Korea Economic Institute of America (KEI) is pleased to announce the Ambassadors' Dialogue, which is a high-profile outreach program featuring the current Republic of Korea Ambassador to the United States Hyundong Cho and the current U.S. Ambassador to the Republic of Korea, Philip S. Goldberg.…

“You can either buy clothes or buy pictures.” (Gertrude Stein) The air will be filled with a different kind of buzz in Seoul this week as it hosts the third annual international art fair, Frieze Seoul. Over 110 leading art galleries worldwide will assemble for four days at the COEX Convention and Exhibition Center in…

The public sector financed 76 percent of healthcare in OECD countries in 2021 using compulsory health insurance and government programs (Figure 1, Panel A). Korea is an outlier in this regard, as only 62.3 percent of its health expenditures were covered through mandatory financing schemes. The low share of mandatory financing in Korea was offset…

On July 18, South Korean Minister of Trade, Industry, and Energy Ahn Duk-geun announced that Korea Hydro & Nuclear Power (KHNP) had been selected by the Czech Republic as the preferred bidder for the construction of new nuclear reactors, the largest investment project in the history of the Czech Republic, valued at approximately 24 trillion…