2007 Posts located
Financial crises are more common than people usually expect. In fact, 139 financial crises from 1973 to 1997 have been identified by Eichengreen and Bordo, and they concluded that the…
Science diplomacy refers to international scientifi c cooperation aimed simultaneously at advancing scientifi c knowledge and improving and strengthening broader relations between participating countries and groups. Science diplomacy has proved…
National identity in South Korea is steeped in historical regret laced with wishful pursuit of idealistic absolution. Intemperate bouts of seeking immediate satisfaction draw support from the right or the…
South Korea is currently engaged, once again, in a large-scale, expensive modernization of its military that aims to provide the country with a more robust and self-sufficient defense. The timing…
This interview originally aired in 2014. With the retirement by Yi So-yeon, South Korea’s remaining astronaut, many have turned attention to Korea, wondering whether there is a future for its…
In this episode, we spoke with Kevin O'Donnell, who, after decades on a private sector career path, became the first-ever Peace Corps country director for South Korea, followed by a…
As North Korea's largest trading partner and political ally, China is a crucial factor in any potential solution to curb North Korea's weapons programs. President Trump expressed hope earlier this year…
In December 1950, while fighting the advancing Chinese army and bitter Korean winter, Colonel Edward Forney and other American and Korean officers managed to evacuate all troops as well as…
What Happened The ruling Democratic Party’s presidential candidate Lee Jae-myung proposed another round of universal payments to help citizens overcome the economic challenges posed by COVID-19. However, Prime Minister Kim Boo-kyum and the government claimed that they do not have the capacity to provide another round of universal relief funds. A nationwide public poll showed that 60.1% of Koreans agree…
Observing the recent success of the TV show Squid Game on Netflix, many commenters suggest that the entry of multinational streaming platforms has been a net positive for Korea’s creative industry. The streaming platform has invested over USD 700 million into projects such as Kingdom and Sweet Home. For smaller Korean content creators, Netflix offers…
Korea’s real GDP increased 1.2% (saar) in 2021Q3, a significant slowdown from the first two quarters of the year, reflecting a decline in private consumption (table below). A tightening of social distancing measures since July, aimed at slowing a fourth wave of COVID-19 infections, reduced spending on “consumer-facing services”. For example, demand in the food…
What Happened One of South Korea’s major telecommunications providers KT suffered a nationwide outage on October 25, causing widespread disruptions to daily tasks that require internet connectivity such as virtual classes, food delivery orders, and stock trading. A National Assembly hearing five days before the incident questioned telecommunications providers about the quality of the network services. The government still intends to…