Displaying all content tagged with the region Asia.
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Asia
Financial crises are more common than people usually expect. In fact, 139 financial crises from 1973 to 1997 have been identified by Eichengreen and Bordo, and they concluded that the…
May 25, 2009
Science diplomacy refers to international scientifi c cooperation aimed simultaneously at advancing scientifi c knowledge and improving and strengthening broader relations between participating countries and groups. Science diplomacy has proved…
April 25, 2009
National identity in South Korea is steeped in historical regret laced with wishful pursuit of idealistic absolution. Intemperate bouts of seeking immediate satisfaction draw support from the right or the…
March 17, 2009
South Korea is currently engaged, once again, in a large-scale, expensive modernization of its military that aims to provide the country with a more robust and self-sufficient defense. The timing…
February 2, 2009
Not everyone in Korea or foreigners abroad want to hear about national advertising initiatives that focus on mainstream issues like K-Pop, Hallyu or ancient Korean Kimchi culture. Instead, many want…
January 24, 2013
On January 11, 2013, the Korea Economic Institute of America recently led Washington DC’s celebration of Korean American Day by hosting a luncheon event to honor two Korean Americans for…
January 17, 2013
With North Korea announcing to the world that it will be attempting to launch a second satellite for 2012, many analysts have been speculating as to why Pyongyang is so…
December 7, 2012
In this episode we spoke to The Economist’s South Korea correspondent, Daniel Tudor. Having been based in Korea for over a decade, Tudor has just finished writing one of the…
November 26, 2012
By Paul Sung Classical music is a dying art that is shrinking partly due to the lack of entrepreneurial innovation. This trend is especially evident in South Korea. Although native Korean musicians like Sohn Jeung-beum, Son Yeol-eum, Yekwon Sunwoo, and Jasmine Choi have risen with much success with their music, only a few classical musicians…
October 12, 2017
By Paul Sung Amidst all the ongoing discussions about a military conflict between North Korea and the U.S., we need to think beyond missiles, preventative strikes, and nuclear weapons to talk about the potential consequences of a war in the megacity of Seoul. Looking into the hypothetical scenario laid out in this article published by…
October 4, 2017
By Hwan Kang When Moon Jae-in was elected after former President Park Geun-hye was impeached, Koreans expected major policy makeovers. Indeed, the Moon Administration is trying to meet expectations by addressing some of Korea’s long lasting problems by announcing progressive measures such as an increase in the minimum wage and regulating the real estate market.…
October 2, 2017
By Hayeon Carol Park In July 2017, South Korea’s Minimum Wage Commission finalized the decision to increase the country’s minimum wage by 16 percent to 7,530 won ($6.60) per hour in 2018. This minimum wage hike is seen as an early victory for President Moon Jae-in, who has pledged to be a "jobs president" by…