Asia

During the past several decades numerous discussions about the problems of education in South Korea have been advanced by government officials, education experts, teachers, students, parents, as well as the…

The automobile industry is a dynamic and significant sec-tor in most of the major economies in the world. It is closely related to various other manufacturing sectors such as rubber,…

More than two decades ago, when the USSR still existed and the concept of the world socialist system presumed that all socialist countries were developing as one, I argued (still…

One cannot enter the same river twice. Every time one looks at North Korea, on the surface it appears boringly the same. Its life fl ows in the same predictable…

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…

With inflation undershooting its 2% medium-term target, the Bank of Korea (BoK) cut its policy rate by 50 basis points twice in 2019 (Figure 1). Faced with further disinflationary pressures during the COVID-19 pandemic, the central bank cut the rate by another 50 basis points in March 2020 and 25 basis points in May, to…

What Happened On March 24th, the United Nations Human Rights Council adopted its 19th resolution condemning North Korea’s human rights abuses. South Korea is not a co-sponsor of the resolution, though it will allow the resolution to be passed through consensus. This is the third year in a row that South Korea has not co-sponsored the resolution based on…

In his first remarks to the western press ahead of his second meeting with then President Donald Trump, Chairman Kim Jong-un said: “I won’t make predictions. But I instinctively feel that a good outcome will be produced.” He has not interacted with foreign journalists since then, but that long silence may soon come to an…

What Happened On March 23, the South Korean Defense Minister met with his UAE counterpart to discuss bilateral defense relations. South Korea’s Akh special forces unit first deployed to the UAE in 2011. In November of 2020, the National Assembly approved extending the Akh unit's deployment until the end of 2021. Implications: South Korea is willing to leverage military deployment to…