Where do Chaebols fit in Park Geun-hye’s “Creative Economy”?
Elected in 2012, President Park Geun-hye promised to rebalance the country’s economy by redistributing wealth through “economic democratization.”
Internationalizing the Kaesong Industrial Complex and the Troubles of Orascom
In the aftermath of last spring’s shutdown of the Kaesong Industrial Complex, the Park administration has sought international investment to serve as a bulwark against future actions by North Korea that would endanger Kaesong’s operations.
Economic Growth Since the Financial Crisis: Korea and the BRICs
Korea has consistently grown at rates comparable to BRIC countries such as Russia and Brazil in this new post-crisis era.
Park Geun-hye’s Visit to India: Looking to Enhance Korea-India Relations
South Korean President Park Geun-hye travelled to India this week for her first overseas trip in 2014.
The Korean Peninsula in 2013 in Review
As we look back at the events that helped to shape 2013, we are also looking back the predictions The Peninsula made in our annual “10 Things to Watch for on the Korean Peninsula in 2013” blog.
Employee Motivation is Critical to Creating an Innovative Economy and Jobs
If Korean companies are able to exceed, or at a minimum match the world-wide average of an engaged workforce, government efforts to foster a creative economy will have a greater chance to succeed.
Korea Moves Towards Joining the Trans-Pacific Partnership
While Korea’s announcement is only the first step in the process, Korea’s eventual membership in the TPP would be a natural outgrowth of the current administration’s broader economic and trade policy.
Learning about People 6,500 Miles Apart: Comparing Cuisines from the State of Iowa and Jeolla Province
Recent news out of South Korea is the excitement over having “kimchi” likely placed on UNESCO’s list of intangible cultural heritages.
Comparing Math and Science Scores of 8th Grade Students in Korea and the United States
While more than two-thirds of all U.S. states exceeded the average international comparative score of 500, South Korea outpaced them all in math, along with every other country in the world, and all but two U.S. states and two other nations in science.
The Rise of the Eastern Allies
While Europe continues to decline in military strategic importance, Japan and South Korea have made preparations to carry some of the burden with the United States for decades to come.