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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.…
What Happened Survey from the Organisation for Economic Co-operation and Development (OECD) showed that Korea’s fertility rate was 0.92 in 2019, lowest among member countries. Data from September 2021 revealed that the birth rate dropped 6.7% compared to the same time last year. Although the South Korean government has offered cash incentives for parents, the policy has…
What Happened Newspapers criticized a female police officer who fled the scene of a stabbing. The incident reignited debate over the capability of women to serve in the police force. But the incident also comes amid growing criticism of police competence and growing calls to improve the training of its personnel. Implications: Discussions of broad social issues are increasingly being scrutinized…
Koreans head to the polls in March to elect the next president of the Republic of Korea. Current President Moon Jae-in is not permitted to stand again, and the election to choose his successor will be a close one. Polls conducted in recent weeks give Yoon Seok-youl of the conservative People Power Party a lead,…
What makes a great story? One metric might be the narrator’s ability to convey an impactful social commentary alongside the personal struggles of the protagonists. With this in mind, Korea View offers a movie recommendation for the holiday season. It is on the gory side (viewer discretion advised) but one that you will find reflecting…