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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…
On this week’s episode, we welcome back Victoria Kim, a researcher and multimedia journalist. When she last joined us in 2016, Victoria discussed her project “Lost and Found in Uzbekistan:…
The Trump Administration is once again considering using Section 232 to impose tariffs on imported goods based on a threat to national security. The President originally used this provision to…
On August 1, the remains of what are believed to be 55 American servicemen lost during the Korean War finally returned home, arriving in Hawaii to begin the long process…
Ghosts and goblins are everywhere in Korean folktales, causing havoc for people through their antics. Equally common are the shamans who act as intermediaries, helping offer solutions to life's supernatural…
Elizabeth Salmón, the recently-appointed UN Special Rapporteur on the situation of human rights in the People’s Democratic Republic of Korea, submitted her first report to the UN Human Rights Council on March 9. The report is set to be discussed on March 20 as part of the Council’s broad human rights agenda in Geneva from…
One of the most exciting corporate drama in recent memory has unfolded in South Korea’s business world, complete with a founder accused of siphoning money, activist shareholders making waves, intra-family drama, and industry titans battling for pole position. Best of all, it involves SM Entertainment (SME), the production company widely credited with the creation of…
This piece is one of 12 contributions to KEI’s special project on South Korea’s nuclear armament debate that will run on The Peninsula blog over the next month. The project’s contributors include young, emerging, and mid-career voices, examining the debate from a historical, a domestic, and an international perspective. On Wednesday, March 15, KEI will host…
In early February, advancing cooperation in space was one of the topics discussed between Korea and the United States. “We agreed that space is the next frontier in our expanding partnership,” said Foreign Minister Park Jin after meeting with his counterpart on February 3rd in DC. His remarks built on President Yoon Suk Yeol’s vision…