Asia

Korea’s regulatory environment is often cited as being one of the most difficult aspects of doing business in Korea. Among the various regulations that foreign invested companies and foreign investors…

Well-functioning capital markets should encourage private saving and investment by channeling surplus funds to reach their most productive uses. In the process, well-functioning capital markets create a diverse menu of…

During the 1972 U.S. presidential campaign, “Deep Throat,” later revealed to be Associate Director Mark Felt of the FBI, counseled Washington Post journalists Bob Woodward and Carl Bernstein to “follow…

After the Asian financial crisis of 1997, the Korean government geared up to carry out financial restructuring. As a result, the number of domestic financial institutions stood at almost half…

    In the mid-1990s, North Korea experienced a famine that by some estimates wiped out 10 percent of the population. Though many at the time thought the regime would…

      Over the last decade, China has become an increasingly important country for South Korea has it has emerged as Seoul’s largest trading partner and a leading player…

    On April 8, North Korea withdrew all of its workers from the Kaesong Industrial Complex, temporarily placing on hold the last form of cooperation between North and South…

South Korea’s nuclear energy industry has for decades been facilitated through close cooperation with counterparts in the United States under what is known as a “123 Agreement”.  Today South Korea’s…

By Jenna Gibson  The South Korean government has been pretty creative in its search for a solution to their rock bottom birth rate – from subsidies for fertility treatment to encouraging employees to go home without saying goodbye to their boss. But one of the country’s giant conglomerates is taking a more drastic step by…

By Jaeho Jeon South Korea faces a household debt crisis. Household debt reached more than 1,257 trillion won ($1.1 trillion) in the second quarter of this year, up 125.7 trillion won and 11.1 percent from a year ago. This marks the highest level for household debt since the government began compiling related data in 2002.…

By Jenna Gibson Historically, local documentaries have not been that popular in South Korea – the first commercially successful documentary in the country was 2008’s “Old Partner,” which shattered domestic records just by attracting 100,000 viewers in the first few weeks after its release. Since then, more independent films have begun to crop up, telling…

By Claude Barfield Given the turmoil in Seoul at the moment, and the prospect of a new president and administration in the coming months, it may not seem a propitious time to call for bold moves in the economic and geopolitical fronts.  But Korean political leaders should look beyond the current troubles and seek a…