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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…
In this episode, we talk with Dr. Adam Cathcart of the University of Leeds and of Sino-NK about China-North Korea relations. Dr. Cathcart has just written an Academic Paper Series report…
President Obama wasn’t the only leader who had to make important visits to multiple Asian countries this past April. Australia’s Prime Minister, Tony Abbott, had to make an important…
The Francis Effect is everywhere. Time Magazine named Pope Francis their 2013 Person of the Year, another magazine dedicated specifically to covering Pope Francis has been started in Italy,…
Public opinion can help to both shape and inform public policy. A president with strong approval numbers across ideological divides has significant scope to make policy decisions. While a national…
South Korean President Yoon Suk Yeol called to congratulate Donald Trump shortly after the US presidential election, telling the president-elect that the first Trump administration had set the foundation for US-Korea-Japan trilateral cooperation. Yoon later told the press he expected cooperation “would proceed well even during the [second] Trump administration.” Although some of the personnel…
The debate over sovereign artificial intelligence (AI) highlights the need and desire for nations to develop their own AI systems, including large language models (LLMs), tailored to their unique cultural and historical contexts. This idea has gained traction in Seoul, where US LLMs like ChatGPT have often fallen short in addressing questions that require a…
Contributors (last name alphabetical): Je Heon (James) Kim, Joo Young Kim This timeline is a second part of a series that covers “major events” in the aftermath of South Korean President Yoon Suk Yeol’s declaration of martial law on December 3, 2024. This part covers the events from Prime Minister Han Duck-soo’s assumption of the Acting Presidency until his impeachment. The timeline will periodically update in reverse…
Both North Korea and South Korea sought to redefine their relationship in 2024. In the past, both countries have publicly affirmed that the unification of the two Koreas is a national priority, but the two governments have engaged in low-level hostilities and high-level denunciations, while little concrete effort has been made to bring the two…