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The tax burden in Korea—at 26 percent of gross domestic product (GDP) —was well below the average of the member countries of the Organization for Economic Cooperation and Development (OECD)…
There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news reverberated through the Korean financial…
Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States…
The twenty-first century has already been dubbed the Asian century. Although this nomination may be premature, it is certain that its fi rst decade belongs to Asia. This is reflected…
From nuclear power in the United Arab Emirates to new free trade agreement negotiations opening with Israel, to South Korean President Park Geun Hye's visit to Iran, 2016 seems to be…
With no shortage of North Korean news in 2016, we look back at one of our interviews with Ambassador John Everard of the UK. He provides an inside perspective of…
After North Korea launched its fourth nuclear test in January 2016, an outraged international community once again cracked down, passing tough sanctions both at the UN and domestic levels. While…
In May 2016, Park Geun Hye became the first South Korean president to visit the African Union headquarters in Ethiopia. This trip, which also included stops in Uganda and Kenya,…
By Troy Stangarone When scholars and historians look back on the Seoul G-20, it is likely to be seen as a brief interregnum between crises rather than the first post-crisis summit that many world leaders had hoped it would be at the time. Since the Seoul Summit last November, the world has faced growing concerns…
By Sarah K. Yun Soft power is the ability of a country or an actor to obtain what it wants through attraction and charm rather than through hard power and force. The ultimate goal of fostering soft power is to promote a positive image in order to enhance one’s ability to influence. Like many nations,…
By Nicholas Hamisevicz In the last year, South Korea and India have upgraded their relationship to a “strategic partnership.” The increased ties between the two countries were kicked off with South Korean President Lee Myung-bak’s state visit to India in 2010 and followed up by delegations from both countries that built upon economic and cultural…
By Chad 0Carroll After nearly three years of interruption, a flurry of recent diplomatic activity has suggested that significant efforts are being made to restart the Six Party Talks. In July, officials from Pyongyang and Seoul met in Bali for the first time in months, with a second meeting taking place in Beijing just a…