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The year 2008 will be recorded in world history as a year in which the global capitalist system was threatened as a consequence of the U.S.-originated financial turmoil that began…
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…
North Korea’s economy has been on the verge of collapse since the beginning of the second nuclear crisis in 2002 because of the international community’s growing sanctions and pressure. The…
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)…
On this week’s episode, we welcome back Victoria Kim, a researcher and multimedia journalist. When she last joined us in 2016, Victoria discussed her project “Lost and Found in Uzbekistan:…
The Trump Administration is once again considering using Section 232 to impose tariffs on imported goods based on a threat to national security. The President originally used this provision to…
On August 1, the remains of what are believed to be 55 American servicemen lost during the Korean War finally returned home, arriving in Hawaii to begin the long process…
Ghosts and goblins are everywhere in Korean folktales, causing havoc for people through their antics. Equally common are the shamans who act as intermediaries, helping offer solutions to life's supernatural…
Korea’s healthcare spending in 2000 was the lowest among the 38 OECD countries at less than 4 percent of GDP, reflecting the country’s relatively young population and the limited coverage of its National Health Insurance (NHI). However, adjusted for inflation, healthcare spending grew at an annual rate of 7.7 percent from 2000 to 2022, the…
South Korean President Yoon Suk-yeol offered a dramatically different vision of Korean unification in his Liberation Day speech on August 15, an annual observance in South Korea that marks the end of Japanese colonial rule over the Korean Peninsula. In his speech, President Yoon framed unification as completing the unfinished task of liberation and the…
The transformation of relations between South Korea and Japan during the past two-plus years is one of the signal accomplishments of the Yoon Suk-yeol administration. However, there remain doubts over the durability of this achievement. A troubling question remains whether the historical past of Japan’s colonial rule over Korea will again roil relations. The ongoing…
US-South Korea-Japan trilateral cooperation has been on an upswing since the Spirit of Camp David joint statement, published after US President Joe Biden hosted South Korean President Yoon Suk Yeol and Japanese Prime Minister Kishida Fumio at the eponymous presidential retreat in August 2023. “We commit to expand our cooperation trilaterally and raise our shared…