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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…
With the Korean Wave crashing all over the world, more and more people are getting swept up in Korean pop culture. Through taekwondo classes, movie screenings and even art exhibitions, the…
On a frozen day in December, 1950, as the Korean War raged below him, Jesse Brown crash landed on a North Korean mountainside. A few minutes later, Tom Hudner followed…
Starting on October 20, 2015, a group of South Koreans will have the chance to cross the DMZ to meet with brothers, sisters, nephews, nieces, and other family members that…
On October 16, 2015, President Park Geun Hye and President Barack Obama will hold a summit meeting, where they are expected to address a range of issues concerning South Korea…
By Juni Kim Against the backdrop of South Korea’s dramatic parliamentary elections last month, female representation in South Korea’s highest legislative body took a small but positive step forward. Fifty-one women were elected to the National Assembly, which represents the largest number of female representatives in both total number and percentage (17%) in South Korean…
By Troy Stangarone In recent interview with the Reuters, Republican Presidential Candidate Donald Trump indicated a willingness to speak with Kim Jong-un. While many of stories on Trump’s comments suggested that he would be willing to meet with North Korea’s leader, in his brief comments to Reuters on the matter he actually said “I would…
With the field of presidential candidates narrowed down to three, here is a look at some of the more recent comments by Hillary Clinton, Bernie Sanders, and Donald Trump on the Korean peninsula. Hillary Clinton February 4, 2016, MSNBC Democratic Debate In response to a question about the biggest national security threat to the…
By Thomas Lee The 1987 presidential election marked the first free national election in Korea since Park Chung-hee’s coup d’état in 1961. This election saw three contentious candidates: Noh Tae-woo, Kim Dae-jung, and Kim Young-sam. Due to a dispute between Kim Young-sam and Kim Dae-jung, the unified opposition ticket collapsed and they ran against each…