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While foreign direct investment (FDI) into South Korea has been waning, outward Korean investment has been robust over the past year. According to The Korea Times, foreign investment in Korea…
This past June, President Bush made a series of telephone calls to leaders in the region calling on them to use their influence with Pyongyang in an effort to halt…
Korea’s labor unions are known for their militancy. This characteristic is believed to be the result of past political repression and perceived economic inequality. Since the 1960s, Korea has achieved…
A successful KORUS FTA could position Korea among the top three electronics manufacturing countries, according to a senior researcher from the Korea Institute for Industrial Economics. The Korea Herald cited…
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…
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…
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…
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…
The announcement of a “comprehensive strategic partnership” following the North Korea-Russia summit has raised alarm in South Korean domestic politics. A South Korean presidential official has stated that Seoul will reconsider its policy of not providing lethal aid to Ukraine while a left-leaning media outlet stated that the new partnership indicates the failure of the…
The United Nations Security Council (UNSC) discussed serious human rights abuses carried out in North Korea on June 12, with South Korea’s Permanent Representative to the UN Ambassador Joon-kook Hwang serving as UNSC president. The roles of North Korea and South Korea at the UNSC meeting highlight the stark differences between the two Korean states…
Another end of June means another G7 summit just wrapped up—this time in Italy’s Apulia province. Both the scope of discussions and the expanded roster of participants suggest a changing role of the grouping, providing a choice opportunity to consider adding other partners to help bring order to an increasingly chaotic global landscape. Although it…
At the end of May, South Korean President Yoon Suk Yeol hosted a high-level summit with representatives from Japan and China. It was the first time Japanese Prime Minister Kishida Fumio traveled to South Korea this year and was also the first visit to South Korea by Chinese Premier Li Qiang since his appointment in…