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Korea, South

Displaying all content tagged with the location Korea, South.
1659 Posts located

Following several years of strong expansion, the Korean economy began losing momentum in the second half of 2008 in the wake of the stress engulfing the global financial system. Although…

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Region: Asia

The tax burden in Korea—at 26 percent of gross domestic product (GDP) —was well below the average of the member countries of the Organization for Economic Cooperation and Development (OECD)…

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Region: Asia

May 25, 2011

There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news reverberated through the Korean financial…

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Region: Asia

May 25, 2011

Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States…

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Region: Asia

May 25, 2011

Seoul has gradually adopted a more outspoken position regarding the importance of peace and stability in the Taiwan Strait and framed it in increasingly expansive terms—as a regional and global…

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January 4, 2024

From K-pop to K-drama and food, Korean culture has taken the globe by storm. Korean artists are topping the Billboard charts, Korean films are winning Oscars, and Korean kimbap at…

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December 28, 2023

Countries with advanced semiconductor industries are caught in the middle of growing U.S.-China competition in technology focused on advanced computing. While some countries with key technology companies in the toolmaking…

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December 21, 2023

The United States and the Republic of Korea have been celebrating the 70th anniversary of the alliance and the 120th anniversary of Korean immigration to the United States throughout 2023.…

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A remarkably detailed joint statement emerged from the May 22, 2023, summit meeting in Seoul between President Yoon Suk Yeol and European Commission President Ursula von der Leyen and European Council President Charles Michel--the twin leadership of the EU.  The statement noted the 60th anniversary of diplomatic relations between the EU and ROK; described common…

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Region: Europe, Asia

May 25, 2023

The ROK-U.S. state visit significantly strengthened the alliance amid changes in the international order, such as the Ukrainian war and intensifying U.S.-China competition. The two countries adopted six joint statements, including the "Washington Declaration," which is significant in expressing the U.S. commitment for extended deterrence and South Korea's willingness to comply with the Treaty on…

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Region: Asia

May 16, 2023

As Korea and Japan work to resolve their differences, their neighbor China has been watching very carefully. After the summit, the Chinese foreign ministry emphasized the need for stable economic relations for prosperity between Beijing, Seoul and Tōkyō. “China opposes certain countries’ attempts to form exclusionary cliques,” said Ministry of Foreign Affairs spokesman Wang Wenbin…

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Region: Asia

May 9, 2023

Industrial policy is a set of government interventions that aim to promote the development of specific industries in a country. The goal is to improve the competitiveness of these industries in the global market, increase exports, and stimulate economic growth. However, the effectiveness of such policies has been a subject of debate among economists and…

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May 8, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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February 14, 2023

Please join KEI and KIEP for a discussion about the first 10 years of KORUS and the future of the U.S.-Korea economic relationship.

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Region: Asia

February 28, 2022