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…

Spanning nearly a century and multiple generations, Min Jin Lee's 2017 novel Pachinko tells the story of a Korean family struggling to find their place in Japan before, during, and after…

A woman in hanbok joyfully rises above Mt. Baekdu, arms raised, in a art piece entitled Umma Rises: Towards Global Peace. This is just one of many recent art pieces…

A group of women gossiping about the new neighbor. A feisty middle schooler using a homemade drone to prank his classmates. A young military officer seeking information from his past.…

With President Donald Trump finishing up his first official trip to Asia, including a stop in South Korea last week, this week's episode of Korean Kontext asks: what do South…

By Chad 0'Carroll Chosun Ilbo columnist Kim Dae-joong wrote yesterday that because South Korea is surrounded by three nuclear weapons countries (DPRK, China and Russia), it should consider acquiring nuclear weapons. He argued that new laws passed in Japan meant that Tokyo “wants to develop nuclear weapons”, leaving the ROK as the only country in…

By Elizabeth Hervey Stephen In a recent piece in the Asia Sentinel, which was re-posted in The Irrawaddy, Philip Bowring correctly noted that South Korea is facing a population crisis with sustained low fertility in the range of 1.2 children per woman.  As one solution to the birth dearth, he proposes looking toward reunification with North…

By Nicholas Hamisevicz The past few weeks have not been a good for India’s relations with the Korean peninsula as it recently went through a minor diplomatic rough patch with both North and South Korea. Though relatively undamaging, these situations indicated some of the difficulties in dealing with India. For South Korea, its embassy in…

By Chad 0'Carroll Last week we published the first part of an extensive interview by KEI’s Chad 0'Carroll with Dr. Andrei Lankov of Kookmin University on the prospects for economic reform in North Korea. In the second part of the interview Chad discusses with Dr. Lankov what the U.S. can do to encourage reform in…