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Korea’s economy has been deteriorating more rapidly than previously expected. The nation saw its first negative growth in more than 10 years in the fourth quarter of 2008, and export…
What Happened On April 5, North Korea delivered on a North Korean promise. It launched a long range missile, also known as a Taepo-dong 2, a 3-stage rocket, in the…
Eyes and ears were on Beijing earlier this month, as the chief negotiators from China, North Korea, Russia, Japan, South Korea, and the United States met in Beijing for a…
Surrounded on three sides by water, Korea is an oceanic nation that depends on the import of 95 percent of its energy sources and the export of its manufactured goods…
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 Until December 2020, Korea maintained a singular publicly mandated digital authentication system for accessing online services. Surveys showed that this protocol was unpopular among users. In December 2020, the government began allowing online vendors to use authentication systems of their choosing. However, the change has caused confusion as many people are now unable to access online services using verification…
A few months ago, the New York Times reported that North Korea’s ruler, Kim Jong-un, had called K-pop a ‘vicious cancer.’ Rather than see this pronouncement as an exceptional step taken by a totalitarian regime, one can think of this as yet another expression of an ongoing struggle to control information entering North Korea. In…
In a previous issue of Korea View, KEI called attention to the growing popularity of cultural products in South Korea that explore difficult societal issues. In addition to the movie Parasite, recent examples of this trend include the TV show Taxi Driver (모범택시; not to be confused with the 2017 movie) which focuses on a group of…
What Happened New e-commerce start-ups are growing fast in areas such as fashion, online payments, ride-hailing, delivery, and biotechnology. In 2020, South Korea’s e-commerce market ranked 5th worldwide. Sales are expected to grow 9% to $120.56 billion in 2021. South Korea has 10 startup companies valued at over $1 billion making it the third-largest hub for such firms in the…