Asia

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…

What Happened The Korean government adopted a mandate requiring people to show their vaccine passports when accessing libraries and tutoring facilities. Nationwide polling showed overall public support for the government’s requirement for vaccine passports when accessing these institutions, but 40.4% expressed opposition. Meanwhile, 76.8% supported similar measures for entry to restaurants, cafes, cinemas, and stores. Implications: Korean society…

What Happened Public health mandate requiring vaccine passes to enter restaurants, grocery stores, and cafes incited backlash from foreign nationals whose overseas vaccinations were not recognized. Seoul amended its vaccine pass requirement for foreign nationals after a U.S.-led embassy protest. Prior to the changes, the U.S. military issued its own vaccine documents that were recognized by South Korean…

In the first few days of December each year, the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) issues an annual Global Humanitarian Overview focusing on current humanitarian trouble spots and setting the agenda for UN humanitarian aid in the coming year.  The 2022 Global Humanitarian Overview issued December 2 this year, projected…

Popular culture can amplify a country’s soft power - and much has been made about K-pop’s contributions to South Korea’s ability to reach a global audience. However, these cultural assets are often constrained and cut down to size by the country’s own toxic political discourse. In Korea, anti-feminist ideology may become the breakwater to the…