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 Jennifer Cho Ever since the decision last summer to install the Terminal High Altitude Area Defense (THAAD) missile defense system on the Korean peninsula, China has strongly opposed the system for security and political reasons. But instead of keeping the dispute in the political sphere, China has started to show its ire by imposing…

By Rose Kwak It is hard to picture what North Koreans do for fun in a country notoriously known for human rights violations against its people, where seventy percent of the population is food insecure and its people are constantly indoctrinated by the state.  However, despite many bleak and dark images surrounding North Korea, many…

By Gwanghyun Pyun One of things you might observe when you visit South Korea is that there are very few people who dine alone. In Korean dining culture, all family members have breakfast and dinner together at their house. It is also common for children to have lunch with their classmates at school and workers…

By Juni Kim With both the Democratic Party of Korea and the People’s Party selecting their nominees earlier this week, all of the major South Korean parties have finished selecting their candidates ahead of the presidential election on May 9th. Below is a brief overview of the nominees from the major and minor South Korean…