This briefing comes from Korea View, a weekly newsletter published by the Korea Economic Institute. Korea View aims to cover developments that reveal trends on the Korean Peninsula but receive little attention in the United States. If you would like to sign up, please find the online form here. What Happened The South Korean government is considering new ways…
November 3, 2020
What Happened Gyeonggi Province Governor Lee Jae-myung and former conservative politician Yoo Seung-min exchanged barbs on social media over whether the incumbent administration has given up on economic issues. This comes as controversy mounts over the lack of public relief for delivery workers who are being overworked by the retail industry. The government’s failure to halt runaway housing prices…
October 30, 2020
What Happened There is growing anxiety around the new flu vaccine after the deaths of at least 13 people who received shots. These concerns led to the Ministry of Food and Drug and Safety recalling 615,000 doses of flu vaccines. Nonetheless, South Korean authorities refused to suspend the country’s seasonal inoculation program, citing no causal links between flu shots and recent…
October 27, 2020
What Happened Nuclear reactor at Wolsong-1 was closed earlier than expected after the government claimed that the reactor was not economically efficient. The National Assembly commissioned an audit to verify the shut-down process after lawmakers argued that an early closure was initiated despite lack of sufficient evidence. Although the Board of Audit and Inspection (BAI) was required to submit…