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The paper reviews some of the key aspects leading to Korea’s remarkably successful economic transformation, including its consistent and aggressive pursuit of export-led growth, its investments in basic services and…
Korea’s economic development is often cited as a model for other developing nations. One of about 60 countries whose per capita income was less than $300 in the 1960s, only…
Korea has shaken off some of the impacts brought by the Sewol ferry disaster, but its overall pace of growth is still very weak. The Korean economy is forecast to…
The Korean economy has faced several crises, such as the ending of the rapid economic growth era in the 21st century, continued stagnation of per capita GDP growth since 2007…
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…
At the end of July, the Yoon government announced its intention to relax South Korea’s prohibition on North Korea media. In a statement published on 22 July, the Unification Ministry said it would work to "restore ethnic homogeneity by enhancing mutual understanding and consensus between the two Koreas through phased opening of mass media that…
As young South Koreans navigate an increasingly competitive education system and job market, a growing industry has presented a new opportunity: esports. No longer only viewed as a pastime or casual hobby, video games have opened a field for many to develop their skills and even attain superstar status. Esports is valued globally at $1.38…
August 24 of this year marked the six-month anniversary of the beginning of Russia’s invasion of Ukraine. In February, Moscow massed a hundred thousand troops along its border with Ukraine, all the while sanctimoniously proclaiming that it had no intention to invade. Expectations in Moscow were that Russia would quickly overthrow the government led by…
Following his inauguration in May 2022, President Yoon Suk Yeol announced that his administration would devise South Korea’s own Indo-Pacific strategy, which would consequently take the place of his predecessor’s New Southern Policy. The exact details of the strategy are yet to be announced, but South Korea’s past and ongoing foreign engagements provide an initial…