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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…
This spring, Han Kang became the first Korean author to win the prestigious Man Booker International Prize for her novel, "The Vegetarian." And, for the first time in the prize's…
North Korea recently experienced one of the worst natural disasters in its history, as flood waters swept through towns in the northeast part of the country. Up to 600,000 people…
Middlebury College, famous for its immersive language programs, added Korean as its 11th language in 2015. Now, after two summers, the School of Korean is helping students from a variety…
With the goal of supporting the next generation of scholars interested in Korea and Northeast Asia, the U.S.-Korea Next Gen Scholars Program brings together young professionals from various backgrounds to…
The resource that will drive future growth is data. For Korea’s entertainment industry to get a share of this new currency, it has to transition from being producers of content to becoming providers of a platform that aggregates data. But domestic streaming platforms face numerous challenges when competing against foreign giants like Netflix, Disney+, and…
What Happened Parents of elementary school students are pushing for national academic evaluations to be reinstated to know where their children’s education stands compared to the national average. COVID-19 has increased concerns over a widening education quality gap between students. The government attributes this widening gap to students with access to private education and those who do not. Implications: Korean society…
Nearly 300 days have passed since the outbreak of the February coup in Myanmar. Since then, more than 1,250 citizens have been killed and 10,100 arrested while fighting in resistance against the military, according to the Assistance Association for Political Prisoners (AAPP). In response, the international community including the United Nations Security Council, has publicly…
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…