Asia

Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…

Korea is in the midst of the most rapid demographic transition of any member country of the Organization for Economic Cooperation and Development (OECD); the share of Korea’s population older…

There are few areas about which there is a greater range of opinions among international monetary experts than the issue of exchange rate regimes. Eminent economists can be found who…

In 2005, the Korean government implemented a number of new financial policies. Of those, two policy measures deserve special attention because of their potentially significant impact on domestic financial markets.…

President Donald Trump is off on his longest international trip yet, stopping in Japan, South Korea, China, Vietnam and the Philippines. There, he is expected to tackle a range of…

As a communist state, North Korea has promised to provide its people with basic services, including healthcare and medical treatment. However, particularly in recent years, the cash-strapped Kim regime has…

With North Korea becoming an increasingly dangerous threat to the U.S. and its allies, it can be all too easy to overlook North Korea’s origins and how its foreign policy…

Many of the news stories about North Korea that make their way into the Western media fall into one of two categories: 1) breaking news about provocations and the nuclear…

A few months ago, the New York Times reported that North Korea’s ruler, Kim Jong-un, had called K-pop a ‘vicious cancer.’ Rather than see this pronouncement as an exceptional step taken by a totalitarian regime, one can think of this as yet another expression of an ongoing struggle to control information entering North Korea. In…

In a previous issue of Korea View, KEI called attention to the growing popularity of cultural products in South Korea that explore difficult societal issues. In addition to the movie Parasite, recent examples of this trend include the TV show Taxi Driver (모범택시; not to be confused with the 2017 movie) which focuses on a group of…

What Happened New e-commerce start-ups are growing fast in areas such as fashion, online payments, ride-hailing, delivery, and biotechnology. In 2020, South Korea’s e-commerce market ranked 5th worldwide. Sales are expected to grow 9% to $120.56 billion in 2021. South Korea has 10 startup companies valued at over $1 billion making it the third-largest hub for such firms in the…

What Happened Last week, the Justice Ministry announced a revision to a law that would allow singles to adopt children. This plan was announced in light of new census data, which shows nearly a third of households in Korea are single-person households. The new adoption bill comes after the Ministry of Gender Equality and Family passed new regulations that allow children…