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…

North Korea is putting on a tough face as the world confronts the COVID-19 pandemic. Authorities in Pyongyang continue to reassure the rest of the world that nothing is wrong…

Looking back on the Korean War, one might assume that the outbreak of a violent conflict that killed millions of people would preclude the possibility of a peaceful resolution of…

It would not be an exaggeration to claim that the Korean War shaped world history. There had been bloodshed elsewhere that bookmarked the start of the bitter conflict between the…

The international force that answered the United Nation’s call to defend the Republic of Korea between 1950 and 1953 did more than engage in combat with North Korean and Chinese…

This week, the winner of the Liberal Democratic Party leadership election will take the premiership, because the party controls the National Diet. But no matter who wins the election, experts say the deep freeze in Korea-Japan relations are unlikely to change. Based on statements made by the candidates, it seems that there is a dearth…

This is the first in a two part series looking at the entry of South and North Korea into the United Nations. The second part can be found here. September 17 marked the 30th anniversary of the entry of North Korea and South Korea into full membership in the United Nations.  In recommending admission of…

What Happened In early September 2021, a human rights group brought public attention to the suicide of a verbal and physical bullying victim in the South Korean navy. This comes on the heels of several recent highly-publicized suicides and abuse incidents within the Korean military. In response to years of public pressure, the government has steadily advanced changes, including civilian court trials for military personnel…

What Happened Until December 2020, Korea maintained a singular publicly mandated digital authentication system for accessing online services. Surveys showed that this protocol was unpopular among users. In December 2020, the government began allowing online vendors to use authentication systems of their choosing. However, the change has caused confusion as many people are now unable to access online services using verification…