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 Troy Stangarone Sleek. Trendy. Cutting edge. Creative. Elegant. And at times bold. All describe fashion in Korea. For Korea, fashion is very much a part of the culture. From a Korean-American colleague of mine who could go toe-to-toe with any of the world’s fashionistas to the trendy and hip fashions of the recent Yeosu…

By Nicholas Hamisevicz North Korea conducted a third nuclear test, and initial reports indicate a potentially larger explosion. North Korea’s media stated the test used a “miniaturized and lighter nuclear device.” If true, and combined with its successful rocket launch in December, these recent actions suggest North Korea’s ability to increase its direct military threat…

By Linda Butcher Known as the “Political Super Bowl,” the 2013 State of the Union Address by President Barack Obama did not disappoint. In the hours leading up to it, people guessed what would be discussed, which SOTU game they would partake in and who would be seated in FLOTUS’s box. But, in just less…

By Chad O’Carroll The DPRK’s nuclear weapons test today appears to act as a bandage for a number of wounds that have somehow yet to kill the Pyongyang regime.  As the last outpost of quasi-Stalinism in the world, North Korea remains in a Cold War mindset when it comes to its increasingly acrimonious relations with…