1986 Posts located
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…
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…
By William Brown Any hopes that last spring’s “toughest ever” UN Security Council sanctions would cripple North Korea’s economy are likely to be dashed by recently released Chinese customs data. An August surge in Chinese exports to North Korea, up 41 percent from a low point a year ago, and a 16 percent boost in…
By Maria Rosaria Coduti On September 9, the day of the anniversary of the founding of the Democratic People’s Republic of Korea (DPRK, or North Korea) by Kim Il Sung, Pyongyang conducted its fifth underground nuclear test at the site of Punggye-ri, in the Northeastern region of the country. The U.S. Geological Survey (USGS) detected…
By Phil Eskeland Last night’s debate between former Secretary of State Hillary Clinton and businessman Donald Trump highlights trade as a top tier political issue in the upcoming U.S. presidential election. In past general election presidential debates, trade was barely mentioned. This time, trade was front and center. With recent polling showing more Americans, particularly…
By Christopher Hurst As the residents of Gyeongju began cleaning up the damage caused by two powerful earthquakes earlier this month, a 4.5 magnitude aftershock struck on September 19. The tremors began on September 12 at 7:44 pm local time, when a 5.1 magnitude earthquake jolted Gyeongju. Less than an hour later there was a…