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Economic relations between Korea and the United States reached new heights in the year 2006 with the launch of negotiations for a bilateral free trade agreement. While the negotiations were…
Rapid economic development lifted Korea’s per capita income from 15 percent of the U.S. level in 1970 to approximately half by 2005. Growth has been based primarily on inputs of…
The insatiable appetites of banks, insurance companies, pensions, endowments, and high-net-worth individuals make enormous capital possible for private equity funds. The private equity market has become an important source of…
The importance of having an efficient labor market is growing because of recent trends such as globalization, the development of information-communication technology (ICT), and the increasing need for foreign direct…
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…
What Happened South Chungcheong Province is working with telecommunications firm KT Corporation to pilot artificial intelligence-based care robots that will aim to prevent suicide among people who live alone and deal with mental health problems. This project was created in response to the province’s suicide rate, which is one of the highest in the country. This event…
“[Kim Jong-un] stressed the need for the fishing industrial sector to conduct a work for catching more fish…” --From the report on the 4th Plenary Meeting of the 8th Central Committee of the WPK This year, the summary of the recently-convened Party Plenum stood in for Kim Jong-un’s new year’s address. The report sought to…
A curious feature of advanced industrial states is anxiety about the future of democracy, not only abroad but at home as well. These worries—encapsulated in the concept of backsliding--have been particularly evident in the United States following the challenges posed by the Trump administration. The bruising fight over Brexit in Britain and the rise of…
Korea is expected to apply later this year for membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a trade agreement between eleven states in the Indo-Pacific. One signatory of the agreement is Japan, raising fears that bilateral tensions may encourage Tokyo to oppose Seoul's bid. But noting their shared membership in another…