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  Every language has "untranslatable words" - a word that perfectly encapsulates a feeling or situation which lacks an exact equivalent in other languages. German's "schadenfreude" famously describes the feeling of deriving pleasure from another person's pain. Korean has plenty of these words. Some commonly cited examples are 정 (jung), a deep love…

By Juni Kim Notoriously chilly relations between South Korea and Japan received encouraging news this week. In a new joint survey conducted by the South Korea-based East Asia Institute and the Japan-based Genron NPO, fewer South Koreans and Japanese hold negative impressions of each other than in previous years. South Korean unfavorable impressions of Japan…

By Jenna Gibson After a rough 2015 marred by a major health scare, tourism to South Korea has bounced back and then some. In newly released data from the Korea Tourism Organization (KTO), 8.1 million tourists entered South Korea so far in 2016, a 21 percent increase over the same period in 2015. If the…

By Jenna Gibson In Thailand, students applying to college will soon have the option of using Korean as their foreign language. Beginning in 2018, Korean will become the seventh foreign language available on the test, along with Chinese, Arabic, Japanese, French, German, and Pali. English communication is also a required part of the exam. This…