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Economic relations between Korea and the United States reached new heights in the year 2006 with the launch of negotiations for a bilateral free trade agreement. While the negotiations were…
Rapid economic development lifted Korea’s per capita income from 15 percent of the U.S. level in 1970 to approximately half by 2005. Growth has been based primarily on inputs of…
The insatiable appetites of banks, insurance companies, pensions, endowments, and high-net-worth individuals make enormous capital possible for private equity funds. The private equity market has become an important source of…
The importance of having an efficient labor market is growing because of recent trends such as globalization, the development of information-communication technology (ICT), and the increasing need for foreign direct…
In this episode, Korean Kontext speaks with Ms. Jie-ae Sohn, President of Arirang TV & Radio, Korea’s first English language international broadcast system. Ms. Sohn worked as the former CNN…
Preventing Iran from acquiring nuclear weapons has emerged to be one of the key foreign policy priorities of the Obama administration. Despite efforts among Western powers to form a united…
By the time you read this, the KORUS FTA will have entered the implementation stage. To celebrate, Korean Kontext caught up with two of the main movers-and-shakers behind the deal…
This episode of Korean Kontext has a distinctly British flavor, featuring interviews with two leading Ambassador’s that work closely on UK and Korea related affairs. While recently in London, Korean…
The number of defectors fleeing North Korea and resettling in South Korea remains at very low levels. The number had begun to decline before 2020, but the COVID-19 pandemic led Pyongyang to enforce harsher border controls to prevent North Koreans (and others) from entering the country from abroad and potentially bringing the virus with them.…
Korea stands out for its long life expectancy of 83.6 years as of 2021, the second longest among the 38 countries that are members of the OECD. In addition, its avoidable mortality rate (premature death from preventable and treatable causes) was 142 per 100,000 persons, well below the OECD average. Expanded access to healthcare has…
The announcement of a “comprehensive strategic partnership” following the North Korea-Russia summit has raised alarm in South Korean domestic politics. A South Korean presidential official has stated that Seoul will reconsider its policy of not providing lethal aid to Ukraine while a left-leaning media outlet stated that the new partnership indicates the failure of the…
The United Nations Security Council (UNSC) discussed serious human rights abuses carried out in North Korea on June 12, with South Korea’s Permanent Representative to the UN Ambassador Joon-kook Hwang serving as UNSC president. The roles of North Korea and South Korea at the UNSC meeting highlight the stark differences between the two Korean states…