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…

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…

In the brutal contest for streaming views, “Squid Game” has outplayed its competitors to become Netflix’s biggest hit. Beyond its own success, however, the dystopian drama also epitomizes what has become a mutually beneficial partnership between the streaming giant and South Korea’s creative industry. As KEI’s Troy Stangarone underscores, the show is an example of Netflix’s strategy…

What Happened The Seoul Metropolitan Office of Education recently announced that schools in the city will be adopting electronic boards by 2024 to accommodate more digital hardware in classrooms. Teachers, however, pushed back against this proposal, arguing that they have not properly considered the practical application of these tools. Meanwhile, the Korean government has been…

What Happened The U.S. government asked semiconductor manufacturers to voluntarily share their client list, inventory status, and other confidential information. This includes South Korean firms like Samsung and SK Hynix. South Korea is concerned that the request would reveal these firms’ trade secrets to rivals. Implications: South Korea approaches commercial engagement with trade partners with the assumption that their policymakers will look at…

Following its success in containing the early waves of the COVID-19 pandemic, South Korea hoped to be recognized as a global health leader. But a recent survey conducted by KEI and YouGov suggests that fewer Americans see South Korea as an ideal partner in global health challenges than they did in 2020 (52% in 2020 vs. 43…