Displaying all content tagged with the region Asia.
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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)…
May 25, 2011
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…
May 25, 2011
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…
May 25, 2011
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…
May 25, 2011
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…
October 21, 2011
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…
September 26, 2011
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…
September 2, 2011
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…
July 1, 2011
What Happened The Ministry of Trade, Industry, and Energy announced earlier this week to put some nuclear reactors back in operation to meet the public’s energy demand amid the ongoing heatwave. The government is also urging businesses and the public to roll back their electricity consumption as current demand threatens to outstrip supply. The increased demand for electricity has…
July 29, 2021
As K-pop’s popularity expands beyond South Korea, industry leaders are expanding to the American market by joining hands with large American record labels – HYBE, the entertainment company that manages the popular band BTS, announced a partnership with Universal Music Group. Meanwhile, another major South Korean entertainment company SM signed a similar agreement with MGM. These partnerships hope…
July 22, 2021
What Happened Last week, South Korea’s top policymakers discussed plans for dealing with the country’s low birth rate and the falling size of the country’s working-age population. One proposed measure calls for extending after-school childcare services to encourage mothers to focus more on work. However, parents and teachers’ groups are criticizing the government’s plan saying what is really needed…
July 21, 2021
What Happened Shipping terminals in Busan are struggling to find cargo space for their clients because global carriers are prioritizing goods from China’s factory belt over those from South Korea. The trade disruption caused by the pandemic led to a reduction in the number of available shipping containers in Asia. The lack of shipping containers is especially hitting smaller…