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)…

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…

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…

The twenty-first century has already been dubbed the Asian century. Although this nomination may be premature, it is certain that its fi rst decade belongs to Asia. This is reflected…

Despite being industrial powerhouses, Korea and Japan are both resource-poor nations with limited domestic sources of energy. Powering their economies required both to develop supply chains for fossil fuels, nuclear…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

By Jenna Gibson North Korea may be all but cut off from the international community, but that has not stopped the reclusive regime from entering the public spotlight every two years for the Olympic Games. The DPRK’s first foray into the Olympic field was in the 1964 Winter Games, where they won one medal –…

By Caleb Cho In early June, a North Korean agent was arrested by Chinese authorities in Dandong, China, the largest border city facing North Korea, due to a number of fake 100 U.S. dollar bills exchanged for Chinese currency at two Chinese banks. The total amount of his deposit was reportedly $ 5 million worth,…

By Hojun Song On July 26, 2016, the Republic of Korea (ROK) Army held a send-off ceremony for deployment of the 18th rotation of the Dongmyeong Unit. This contingent will depart for the United Nations peacekeeping operation (PKO) in Lebanon in early August, renewing its record as South Korea’s longest overseas peacekeeping mission. The Dongmyeong…

By Hojun Song On May 27, 2016, during her official state visit to Ethiopia, President Park Geun-hye visited soldiers from the Hanbit unit, which consists of South Korean troops deployed as part of the United Nations peacekeeping mission in South Sudan. She praised their hard work and encouraged them to keep upmost efforts in assisting…