2004 Posts located
Economic relations between Korea and the United States reached new heights in the year 2006 with the launch of negotiations for a bilateral free trade agreement. While the negotiations were…
Rapid economic development lifted Korea’s per capita income from 15 percent of the U.S. level in 1970 to approximately half by 2005. Growth has been based primarily on inputs of…
The insatiable appetites of banks, insurance companies, pensions, endowments, and high-net-worth individuals make enormous capital possible for private equity funds. The private equity market has become an important source of…
The importance of having an efficient labor market is growing because of recent trends such as globalization, the development of information-communication technology (ICT), and the increasing need for foreign direct…
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…
This week’s Highlighted Trend features the visualization of a dramatic trend occurring in South Korea’s balance of trade with its partners over the last thirty years. KITA data reveals that over time, South Korea is undergoing an increasing level of trade polarization (i.e. greater degrees of trade imbalances) vis- à-vis its trading partners. China and…
By Nicholas Hamisevicz Last week former NBA player Dennis Rodman, along with three members of the Harlem Globetrotters and Vice Media, traveled to North Korea to play and promote basketball as well as hang out with the new North Korean leader Kim Jong Un. On Sunday, Dennis Rodman talked about his trip with George Stephanopoulos…
Nearly 70 nations and international organizations issued statements on North Korea’s third nuclear test. The following is a list of current available statements: Albania-Albanian Ministry of Foreign Affairs Australia - Prime Minister Julia Gillard Austria – Foreign Minister Spindelegger Bahrain – Ministry of Foreign Affairs Belarus – Ministry of Foreign Affairs Belgium – Ministry…
By Chad O’Carroll On Friday the Associated Press Pyongyang bureau reported that North Korean authorities will allow foreign visitors to access the internet using cellular devices from March 01. Predictably, the news was published with the caveat that access conditions will not change for local citizens, who will remain cut off from internet access and…