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…

What Happened The Korean government adopted a mandate requiring people to show their vaccine passports when accessing libraries and tutoring facilities. Nationwide polling showed overall public support for the government’s requirement for vaccine passports when accessing these institutions, but 40.4% expressed opposition. Meanwhile, 76.8% supported similar measures for entry to restaurants, cafes, cinemas, and stores. Implications: Korean society…

What Happened Public health mandate requiring vaccine passes to enter restaurants, grocery stores, and cafes incited backlash from foreign nationals whose overseas vaccinations were not recognized. Seoul amended its vaccine pass requirement for foreign nationals after a U.S.-led embassy protest. Prior to the changes, the U.S. military issued its own vaccine documents that were recognized by South Korean…

In the first few days of December each year, the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) issues an annual Global Humanitarian Overview focusing on current humanitarian trouble spots and setting the agenda for UN humanitarian aid in the coming year.  The 2022 Global Humanitarian Overview issued December 2 this year, projected…

Popular culture can amplify a country’s soft power - and much has been made about K-pop’s contributions to South Korea’s ability to reach a global audience. However, these cultural assets are often constrained and cut down to size by the country’s own toxic political discourse. In Korea, anti-feminist ideology may become the breakwater to the…