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…

Korean Kontext recently spoke to Gordon Flake of the Mike and Maureen Mansfield Foundation for a conversation about Korea’s rising prominence as a “middle power”.  Focussing on South Korea’s rapidly…

62 years ago on this day of June 25, hostilities broke out on the Korean peninsula. It was a conflict that ended only due to what everybody thought would be…

Korean Kontext caught up with Man Asian literary prize winner Shin Kyung-sook for a chat about her latest novel, “Please Look After Mom”.  Shin became the first woman and South…

In this special episode, Korean Kontext had the opportunity to speak to South Korean Minister for Trade, Bark Taeho, during his latest visit to Washington DC. KEI’s Vice President, Dr.…

By Jenna Gibson Any student of Korea policy knows “The Two Koreas,” by Don Oberdorfer.  Famous both for its physical heft and its incredible detail, this book is regularly referenced as the go-to history book in Korea policy circles. It is bittersweet now to read the optimistic final chapter on North-South relations, but that does…

By Kyle Ferrier After North Korea’s second “satellite launch” in February this year I looked at how North Korean provocations have impacted the South Korean economy over time through the KOSPI index and the won/dollar exchange rate. The findings suggested financial markets in Seoul have not necessarily become accustomed to  provocations, as judged by a…

By Jenna Gibson With South Korea’s low birth rate on the mind of scholars and policymakers, the country’s schools have found themselves on the front lines of the country’s demographic crisis. Enrollment in elementary schools around the country in 2015 was 2,672,843. In 2000, that number was 33 percent higher, at 4,020,141. And as the…

By Troy Stangarone One question confronting the United States, South Korea, and the rest of the international community is how to convince North Korea to return to denuclearization talks. Having tried varying degrees of dialogue, negotiations, and sanctions, the options available entail a refinement of the current sanctions approach, the acceptance of North Korea as…