When looking at jobs and the KORUS FTA there are three additional factors to consider – trade in services, foreign direct investment, and items covered by the KORUS FTA.
South Korea faces a household debt crisis. Household debt reached more than 1,257 trillion won ($1.1 trillion) in the second quarter of this year, up 125.7 trillion won and 11.1 percent from a year ago. This marks the highest level for household debt since the government began compiling related data in 2002.
Historically, local documentaries have not been that popular in South Korea – the first widely successful documentary in the country was 2008’s “Old Partner,” which shattered domestic records just by attracting 100,000 viewers in the first few weeks after its release. Since then, more independent films have begun to crop up, telling real-life stories about different aspects of Korea. The five films below represent some of those stories.
Fulfilling its role as a leading “middle power,” Korea should move to join a rump Trans-Pacific Partnership agreement that would include the eleven nation states who negotiated the TPP with the United States.
The South Korean economy is drifting like a ship which has lost its captain while the ‘Choi Soon-sil Scandal,’ a civilian who has no official title, has shaken South Korea for over a month.
There are two means that a nation can use to influence the preferences of international audiences: hard power and soft power.
To see how the global refugee crisis has affected South Korea it is important to not only look at the present but look at the past and see how South Korea’s refugee policy has evolved.
Two seemingly unrelated events point to a larger problem in Korea.
Unlike past U.S. elections, President-elect Donald Trump has made trade a centerpiece of his campaign.
What can we say about U.S.-Korean relations under the Trump Administration?