Asia

Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…

Korea is in the midst of the most rapid demographic transition of any member country of the Organization for Economic Cooperation and Development (OECD); the share of Korea’s population older…

There are few areas about which there is a greater range of opinions among international monetary experts than the issue of exchange rate regimes. Eminent economists can be found who…

In 2005, the Korean government implemented a number of new financial policies. Of those, two policy measures deserve special attention because of their potentially significant impact on domestic financial markets.…

This week, we have a very special guest who flew in from Paris to talk about Korea's economy. Dr. Randall Jones is head of the Japan/Korea Desk at the Organization…

As Seoul has grown, it has become more and more international. The city has been making an effort to attract more foreign visitors, whether as tourists, students or workers. This…

Over the last 50 years, Myanmar has oscillated between periods of friendship with South Korea and partnership with North Korea. As Myanmar opens to the international community, however, investment and…

Anyone who has spent time in Korea knows the term Yellow Dust. Sand from Mongolia sweeps across China, picking up pollutants and carrying them across borders. Every spring, Koreans bring…

By Gwanghyun Pyun One of things you might observe when you visit South Korea is that there are very few people who dine alone. In Korean dining culture, all family members have breakfast and dinner together at their house. It is also common for children to have lunch with their classmates at school and workers…

By Juni Kim With both the Democratic Party of Korea and the People’s Party selecting their nominees earlier this week, all of the major South Korean parties have finished selecting their candidates ahead of the presidential election on May 9th. Below is a brief overview of the nominees from the major and minor South Korean…

By Jaeho Jeon Korean golfer Kim Hae-rym won the World Ladies Championship which was held in China in March. But when she won, her face could not be seen on air because the Chinese broadcaster only showed a shot of her legs. It is extremely unusual for a broadcaster to only show the winner's legs…

By Patrick Niceforo Late last year, the Bank of Korea (BoK), South Korea’s central bank, announced its plans for a “Cashless Society,” which first and foremost means getting rid of coins by 2020. A proposed method for gradually removing coins from circulation is encouraging travelers in South Korea to deposit their change onto their T-Money cards,…