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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…
From 1966 to 1981, around 2,000 Peace Corps volunteers lived and worked in South Korea. After returning to the United States, many volunteers wanted a way to share their Korean…
October 2015 will mark 25 years since the official reunification of East and West Germany. Meanwhile, the Korean Peninsula remains divided. South Korean President Park Geun-Hye has referenced Germany many…
The Eugene Bell Foundation has been working in the DPRK for 20 years. Now they focus on multidrug-resistant tuberculosis (MDR-TB), a deadly disease that is incredibly expensive and time-consuming to…
In the recent agreement between Seoul and Pyeongyang to defuse tensions along the DMZ, the two governments included a promise to "vitalize" non-governmental organization (NGO) exchanges in various fields. …
Western media and foreign policy specialists point to a self-confident Kim Jong Un, willing to take large risks as he again contemplates dealing face-to-face with US President Donald Trump and as he works closely with Russian President Vladimir Putin to send weapons and soldiers into the war in Ukraine. Meanwhile, Kim continues to fire UN-prohibited…
10 Issues to Watch for on the Korean Peninsula in 2025 Authors: Mai Anna Pressley, Dan Sneider, Nils Wollesen Osterberg, Scott Snyder, Tom Ramage, James Kim, Jennifer Ahn, Clint Work, Joo Young Kim The year 2024 ended with South Korean President Yoon Suk Yeol’s declaration of martial law, his impeachment by the National Assembly,…
This essay was part of a contest jointly organized by the George Washington University Institute for Korean Studies and the Institute for Korean Studies at Indiana University Bloomington. The contest invited students to analyze a South Korean policy challenge and propose evidence-based solutions, with winning entries published in the Korea Economic Institute of America’s flagship…
This essay was part of a contest jointly organized by the George Washington University Institute for Korean Studies and the Institute for Korean Studies at Indiana University Bloomington. The contest invited students to analyze a South Korean policy challenge and propose evidence-based solutions. The winning entries are published on KEI’s blog. South Korea’s healthcare system,…