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)…

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…

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…

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…

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…

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…

By Diane Stevenson In a future with the Asian Super Grid, renewable energies gathered in the steppes of Mongolia would be transported through an integrated, multi-national power grid to reach energy needy cities in China, Russia, on the Korean Peninsula, and Japan. According to the most recent UN Sustainable Development Solutions Network report, South Korea,…

By Joseph Dahl and Diane Stevenson Amid Congressional gridlock, the border crisis and a lawsuit against the President, a rather important and potentially consequential bill passed the House without much attention. H.R. 1771, the North Korea Sanctions Enforcement Act of 2014, would put renewed pressure on the Kim regime if successfully passed by the Senate…

By Nicholas Hamisevicz For the first visit by the leader of the Catholic Church to Korea in 25 years, there were numerous expectations for a variety of issues. Pope Francis’ popularity and different leadership style brought about the possibility that concerns regarding the difficulties of inter-Korean relations, a Korean society distraught over a tragedy and…

By Lisa Ji Computer science majors may have a larger role to play in promoting socio-political changes in North Korea than one may suspect. On August 2nd, computer programmers and human rights advocates gathered together in San Francisco, to discover new ways of providing information to and from the highly reclusive country, North Korea. In…