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Korea’s regulatory environment is often cited as being one of the most difficult aspects of doing business in Korea. Among the various regulations that foreign invested companies and foreign investors…
Well-functioning capital markets should encourage private saving and investment by channeling surplus funds to reach their most productive uses. In the process, well-functioning capital markets create a diverse menu of…
During the 1972 U.S. presidential campaign, “Deep Throat,” later revealed to be Associate Director Mark Felt of the FBI, counseled Washington Post journalists Bob Woodward and Carl Bernstein to “follow…
After the Asian financial crisis of 1997, the Korean government geared up to carry out financial restructuring. As a result, the number of domestic financial institutions stood at almost half…
In this episode, Korea Economic Institute’s Director of Communications Chad 0Carroll speaks with Scott Snyder of the Council on Foreign Relations. Having written a number of publications on U.S. relations…
In this episode, Korea Economic Institute’s Director of Public Affairs and Regional Issues Sarah Yun speaks with Dr. Andrei Lankov of Kookimin University. Having written a number of books on…
In this episode, new Korean Kontext presenter speaks with Curtis Melvin, the man behind the NK Econ Watch blog and developer of “North Korea Uncovered”, a Google Map overlay that…
In this episode, we speak with Kevin O’Donnell, who, after decades on a private sector career path, became the first-ever Peace Corps country director for South Korea, followed by a…
What Happened: In January 2022, Indonesia announced a ban on coal exports. Indonesian coal accounts for 20% of Seoul’s total coal imports. In response, the South Korean government urged the Indonesian government to remove the ban on coal exports. Despite these actions, the South Korean government officially stated that Indonesia’s ban on coal exports would…
What Happened: The ruling party’s presidential candidate Lee Jae-myung announced his plan to raise income per capita to USD 50,000, elevate the country’s hard power, and reach KOSPI stock index of 5,000. Polling two days after this speech showed that Lee led the race with 36 percent against his main opponent’s 26 percent. According to…
Who will shape the digital market evolution? You might assume that it is the tech-savvy youths. But Korea shows that the “yold” generation (the young-old, born between 1946 and 1964) has much more to offer to the digital transformation than people presume. Likely to retire around 2025, this cohort will have disposable income worth around USD…
What Happened The presidential candidate for the People’s Power Party, Yoon Suk-yeol, introduced an AI version of himself to demonstrate his intimacy with technology. In response, Democratic Party’s presidential candidate Lee Jae-myung created a chatbot that answers question about his campaign. Presidential candidate Kim Dong-yeon also introduced an Artificial Intelligence spokesperson to make it easier to engage with voters…