Displaying all content tagged with the region Asia.
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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)…
May 25, 2011
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…
May 25, 2011
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…
May 25, 2011
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…
May 25, 2011
With the recent retirement by Yi So-yeon, South Korea’s remaining astronaut, many have turned attention to Korea, wondering whether there is a future for its space program. According to Daniel Pinkston of the…
September 16, 2014
Since the famine of the 1990s, North Korea has continued to face periods of chronic food shortages. However, the humanitarian needs of the people in North Korea…
September 2, 2014
North Korea has engaged in various forms of economic reforms and marketization attempts such as establishing Special Economic Zones and obtaining Foreign Direct Investment. Yet, many of North…
August 8, 2014
In this episode, we talk with Dr. Yiagadeesen Samy of Carleton University on income inequality in South Korea and its affect on Korea’s economy. Dr. Samy is an economist…
July 25, 2014
By Jaeho Jeon Most Koreans are interested in two things now. Whether the people involved in the ‘Choi Soon-sil scandal,’ including President Park Geun-hye, Choi Soon-sil, and Lee Jae-yong, vice chairman of Samsung Electronics, will be punished and who will be the next president of South Korea. The Constitutional Court is scheduled to make a…
January 31, 2017
By Troy Stangarone In the most recent trade data released by China, imports of North Korean coal exceeded the volume and dollar caps set under the latest round of UN sanction by 1 million metric tons and by nearly $115 million. With China having substantially surpassed the caps set for imports of coal from North…
January 30, 2017
By William Brown Chinese Customs reported yesterday that imports of North Korean anthracite surged in December, despite late November UN Security Council sanctions that are supposed to curtail North Korea’s coal sales, its biggest foreign exchange earner. The new data shows North Korea exported to China 22.5 million tons of anthracite worth $1.2 billion in…
January 27, 2017
By Junil Kim The official establishment of South Korea’s newest political party, the Bareun (Righteous) Party, brings the number of official negotiation parties in the National Assembly to four. The party, comprised of former Saenuri legislators, broke away from the ruling party in light of the political fallout from President Park Geun-hye’s recent scandal and…