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.…

At the end of last week, the United States announced that President Joe Biden will host South Korean President Moon Jae-in for in-person meetings in Washington on May 21.  The statement from the White House Spokesperson said the visit “will highlight the ironclad alliance between the United States and the Republic of Korea, and the…

What Happened The South Korean Ministry of Gender Equality and Family announced plans to make it easier for a child to take either parent's surname at birth, alongside other changes. The announcement also included plans to conduct a public opinion survey on the ethics of having a baby through surrogacy and donating eggs and sperm to unmarried…

Korea has long worked to maintain at least cordial relationships that balance its larger neighbors. The global U.S.-China competition is the newest iteration of the challenge, with Seoul’s most important ally on one side and its largest trading partner on the other. Although domestic sentiment is souring on China, experts suggest South Korean government officials…

Nearly a year ago, President Moon Jae-in’s approval ratings were soaring on the strength of the South Korean government’s handling of the COVID-19 crisis, with some polls showing public approval above 70 percent. His party, the liberal Democratic Party, had also won a supermajority in the South Korea’s legislative body in April 2020. At the…