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Economic relations between Korea and the United States reached new heights in the year 2006 with the launch of negotiations for a bilateral free trade agreement. While the negotiations were…
Rapid economic development lifted Korea’s per capita income from 15 percent of the U.S. level in 1970 to approximately half by 2005. Growth has been based primarily on inputs of…
The insatiable appetites of banks, insurance companies, pensions, endowments, and high-net-worth individuals make enormous capital possible for private equity funds. The private equity market has become an important source of…
The importance of having an efficient labor market is growing because of recent trends such as globalization, the development of information-communication technology (ICT), and the increasing need for foreign direct…
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…
Working mothers in South Korea are in a battle to balance family and professional life. One of the largest barriers to achieving this balance is inflexibility in the workplace with newborn infants coupled with inconsistencies in childcare. One mother, National Assemblywoman Yong Hye-in, is challenging these inconsistencies to strike a balance. National Assemblywoman Yong, a…
It will take time for the ramifications of Russia’s invasion of Ukraine to become apparent, but we can see already that military force has, at least for the moment, swept aside international norms and diplomacy. The implications are not just European but global. Who now is going to convince Kim Jong-un that the world is…
Despite being thousands of miles apart, the Korean Peninsula and Ukraine share a land border with Russia. Given their respective ties to Moscow, both South and North Korean governments have toed around the sidelines of the Ukraine crisis—with Seoul publicly supporting a diplomatic solution while quietly considering additional humanitarian aid to Kyiv, and Pyongyang issuing…
The Ukraine accounts for 11.8% of the world’s wheat market and has long been known as the “breadbasket of Europe.” However, the potential outbreak of conflict between Russia and the Ukraine has implications for Ukraine’s wheat trade with all nations, including South Korea. The Ukraine is the 2nd largest exporter of wheat to South Korea,…