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…

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…

In this episode of Korean Kontext, guest host Kyle Ferrier, KEI's director of academic affairs and research, sits down with Korea Society President Tom Byrne. Before joining the Korea Society…

It started in 2009 with a few audio lessons. Within just six years, Talk to Me in Korean has grown into a huge hit, with millions of listeners from all…

Since the death of Kim Il-sung in 1994 there have been numerous predictions that the collapse of the North Korean political system would be imminent, yet the Kim dynasty continues…

By Luke Herman North Korea recently held a series of meetings to formalize leadership positions in the new regime. Kim Jong-il was named the Eternal Secretary General, while Kim Jong-un became the party’s First Secretary. Here is an updated Workers Party of Korea leadership chart.    

By Jack Pritchard There was a plausible scenario ready to work itself out with a successful launch of a missile by North Korea.  The Security Council would meet and issue a stern presidential statement condemning Pyongyang.  North Korea would push back rhetorically, claiming its sovereign right to space exploration while Beijing would send a high…

By Troy Stangarone Voting in the shadow of North Korea’s missile launch and a prospective third nuclear test, South Korean voters went to the polls on April 11 in an election that some 60 percent described as a referendum on the administration of President Lee Myung-bak.  Despite perceptions that there was widespread dissatisfaction in South…

By Nicholas Hamisevicz After holding its Fourth Conference of the Workers’ Party of Korea, North Korea now has an eternal president and an eternal general secretary. Kim Jong-il was named Eternal General Secretary of the Workers’ Party of Korea (WPK), and Kim Jong-un was given the title of First Secretary of the WPK. These initial…