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Digitalization could open a new era of growth for Korea. Previous expansion waves, based on traditional industries, have fostered export-led growth and placed Korea among the world’s top ten economies.…
After an initial surge in cases, Korea was less seriously affected by the COVID-19 virus than other countries, but the subsequent recovery was relatively mild. The negative effect was concentrated…
This paper deals with one of the most critical issues in contemporary international relations: how China’s rise challenges foreign policies of U.S. allies, with a focus on the Republic of…
The rivalry between the United States and China is affecting countries in its midst. This particularly applies to South Korea. The country is a strong economic player with a successful…
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,…
The long 2020 is behind us and expectations for President Joe Biden could not be higher. Many constituents demand that the new U.S. administration fix not only what Mr. Trump damaged during his four years in office but also parts of society that were broken long before the 2016 election. President Biden no doubt realizes…
What Happened On June 1, the Ministry of Justice announced a revision to the Nationality Act that will make it easier for the children of permanent residents to receive South Korean citizenship. The new policy sparked a backlash from those who believe the policy favors Chinese residents living in South Korea, as 95% of those who would benefit from…
What Happened Lee Jun Seok is emerging as the leading candidate in the race for the chairmanship of the main opposition party. Lee has been openly critical of the Moon Jae-in administration’s efforts to have a gender quota in his cabinet appointments. The ruling Democratic Party’s candidates were soundly defeated in recent mayoral elections in Seoul and Busan, largely…
Korea’s real GDP grew 6.6% (seasonally-adjusted annual rate) in the first quarter of 2021, bringing it back to its pre-pandemic peak level (Figure 1). The May OECD Economic Outlook projects that it will increase 3.8% in 2021, significantly faster than its March outlook of 3.3%. The new projection is consistent with forecasts by the Bank…