Asia

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 New Southern Policy Plus (NSP Plus) was announced by President Moon Jae-in at the 21st ASEAN-ROK Summit on November 12, 2020. While maintaining emphasis on economic partnerships, the NSP Plus identifies collective recovery from the Covid-19 pandemic and sustainability as critical areas for cooperation. It expands on the original NSP’s three-pillar framework of “People,…

One prominent strand of North Korea watching takes the form of tracking individual personnel movements: the ups and downs associated with retirements, purges and the promotion of new favorites. Yet there is persistent doubt about whether these movements are really consequential, particularly in a highly personalist political system. We can get a somewhat more rounded…

What Happened Named “Operation Miracle,” 391 Afghans who helped the Korean government’s activities in Afghanistan were brought to Korea as “persons with special merit” - but not as refugees. President Moon Jae-in said the successful evacuation was “highly recognized by the international community” and hopes that it will serve as an opportunity to better establish South…

In South Korea, culture plays an active role in developing industries – and industries help further promote Korean culture. Developments in the “metaverse” show us how this partnership operates. In response to the pandemic, companies are building online worlds where people can interact with other users through a virtual character (think about using a multiplayer…