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…

Now that Trump has met Kim, and with the Singapore Summit laying out the beginning of a path to denuclearization, analysts are still trying to figure out if Kim Jong…

South Korea's government has increased its focus on different forms of diplomacy in recent years, from the more traditional government-to-government outreach of the Moon Administration's North Korea policy to a…

With the world's attention on Singapore on June 12, U.S. President Donald Trump and North Korean Leader Kim Jong Un walked across a stage flanked by American and North Korean…

With U.S. President Donald Trump and North Korean Leader Kim Jong Un headed to Singapore next week for the first ever U.S.-DPRK summit, people around the world are watching to…

In a recent report by Radio Free Asia, sources in Sinuiju, near the Chinese border, say residents have been told to expect food shortages until 2025. “Some of the residents are saying that the situation right now is so serious they don’t know if they can even survive the coming winter,” said the source, according…

Why are Korean cultural products going global when many other countries around the world also have a robust and dynamic domestic TV, music, and cinema scene? Some observers point to the Korean government’s direct support as the differentiating variable. But Sciences Po Paris lecturer Jimmyn Parc argues in a recent paper for KEI that the…

What Happened The Ministry of Gender Equality and Family announced that it will begin a pilot service that allows people to search where sex offenders live using the map app provided by Korea’s largest online platform Naver. The service was created because the current system is updated less frequently than the Naver map. This follows a wave…

What Happened South Korea plans to deliver more than 1 million doses of COVID-19 vaccines to Vietnam, representing Seoul’s first direct vaccine commitment to a foreign nation. South Korean venture firms continue to expand in Southeast Asia with the government promising support for their outreach to ASEAN countries. South Korean President Moon Jae-in will participate in a series of ASEAN summits…