2003 Posts located
Korea’s money market includes the call market as well as markets for monetary stabilization bonds (MSBs), negotiable certifi cates of deposit (CDs), repurchase agreements (repos), commercial paper (CP), and cover…
This article investigates the progress in corporate governance reform in Korea since 1997 as well as current corporate governance challenges. It focuses on corporate governance issues and, as such, does…
According to a preliminary estimate by the Bank of Korea on 4 January 2008, Korea’s per capita gross domestic product (GDP) and per capita gross national income (GNI), which adjusts…
The year 2007 displayed remarkable progress in Korea-U.S. economic relations on many different levels. At the global level, our two countries have worked closely together to meet international challenges. For…
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…
Two decades ago, South Korea was rarely called a middle power. Today, it invites ridicule to suggest South Korea is anything but a middle power. Given the concept’s ambiguity and lackluster academic credentials, why did the definition become so widely applied? The immediate answer is obvious. South Korea started to be labeled a middle power…
There are a plethora of studies on South Korea as a middle power. Some argue Korea needs to change to fit the term, some reinvent the term to fit Korea, and still others just use the term without questioning. Very few ask why we bother at all. The modern term “middle power” is an historically…
Korea has faced persistent labor shortages since the late 1980s, centered on small and medium-sized enterprises (SMEs), which tend to pay low wages for low-skilled, non-regular jobs. SMEs have faced increasing difficulty in replacing retiring workers with young people, given the large education gap between generations. In 2021, 69% of the population aged 25 to…
The drop in Korea’s total fertility rate to 0.78 in 2022 has heightened concerns about the impact of rapid population aging and decline. Despite numerous government initiatives, such as introducing free early childhood education and care in 2012, the fertility rate has continued to edge down. Korea’s median age jumped from 33.6 years in 2005…