Displaying all content tagged with the region Asia.
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Asia
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)…
May 25, 2011
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…
May 25, 2011
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…
May 25, 2011
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…
May 25, 2011
When Marja Vongerichten was 19, she met her birth mother for the first time since being adopted at age three. The first thing they bonded over, Marja says, was…
February 18, 2016
Born in Brooklyn, Chef Edward Lee always loved cooking. And after graduating from college with an English literature degree, he returned to that love and became an award-winning chef. Not…
February 12, 2016
In the decades following the Korean War, North Korea initiated a top-secret project to kidnap ordinary people from Japan, reeducate them, and turn them into international spies for the regime.…
February 7, 2016
Every year on January 13, the Korea Economic Institute of America (KEI) sponsors a luncheon in Washington, DC to mark Korean American Day and recognize the local and national Korean…
January 28, 2016
By Troy Stangarone For the first time this year, Korea has surpassed the $1 trillion mark in annual trade volume, making it just one of nine nations to do so. This milestone comes after years of intensive export lead growth that have transformed Korea from one of the poorest nations in the world into a…
December 14, 2011
By Chad 0Carroll Last week the hosts of the world’s most popular political podcast, Naneun Ggomsuda, spoke to a packed audience in Washington DC as part of a tour that also took them to Boston, New York City, San Francisco, and Los Angeles. Focusing primarily on the satire of domestic South Korean politics, worldwide demand…
December 13, 2011
By Nicholas Hamisevicz U.S. Secretary of State Hillary Clinton made a historic visit to Burma last week to assess some of the reforms undertaken by the regime. During her trip, she rightfully insisted that one of the changes the Burmese government must enact is to end its illicit activities with North Korea. Korea watchers need…
December 5, 2011
By Troy Stangarone Years ago, The Economist developed the Big Mac Index to track how much a MacDonald’s Big Mac cost in countries around the world. The idea was to provide an understandable measure for purchasing power parity across countries since the Big Mac is a basic commodity that has spread across the world. Of…