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)…

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…

  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…

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…

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.…

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…

The AUKUS trilateral security partnership among Australia, the United Kingdom and the United States has been received with much international attention, as well as concern. Under the pact, Australia has been formally granted capacity as a third country to acquire nuclear-powered submarines—the first of such case since the 1958 Mutual Defense Agreement between the US…

During the COVID-19 pandemic, South Korea’s entertainment industry pioneered a new era of virtual concerts. K-pop bands live-streamed their performances, often adding features like augmented reality to provide audiences at home with new experiences. This also complemented the broader push in the industry to become more technologically savvy, including the adoption of virtual avatar idols and strategic partnerships with…

This is the tenth in a 10 part series looking at how the issues identified in KEI’s annual “10 Issues to Watch for on the Korean Peninsula” series developed in 2021. The original “10 Issues” piece can be found here. In recent years, South Korea has taken steps to reduce greenhouse gas emissions, including a pledge…

This is the ninth in a 10 part series looking at how the issues identified in KEI’s annual “10 Issues to Watch for on the Korean Peninsula” series developed in 2021. The original “10 Issues” piece can be found here. When it comes to digital sex crimes in South Korea, it feels irresponsible to designate…