1977 Posts located
Korea’s money market includes the call market as well as markets for monetary stabilization bonds (MSBs), negotiable certifi cates of deposit (CDs), repurchase agreements (repos), commercial paper (CP), and cover…
This article investigates the progress in corporate governance reform in Korea since 1997 as well as current corporate governance challenges. It focuses on corporate governance issues and, as such, does…
According to a preliminary estimate by the Bank of Korea on 4 January 2008, Korea’s per capita gross domestic product (GDP) and per capita gross national income (GNI), which adjusts…
The year 2007 displayed remarkable progress in Korea-U.S. economic relations on many different levels. At the global level, our two countries have worked closely together to meet international challenges. For…
In this episode of Korean Kontext, I have the opportunity to speak with Richard V. Allen, who, in the weeks preceding his official instatement as National Security Advisor to President-elect…
In this episode we hear from author Mike Kim, who speaks with Korean Kontext about his experiences living and working with North Korean refugees on the China-North Korea border. Mike…
We bring the Korean Kontext studio to the U.S. Department of State to speak with Kathleen Stephens, current U.S. Ambassador to South Korea. Ambassador Stephens shares with us her personal…
In this episode we speak with Ambassador John Everard, who served as Ambassador of Great Britain to North Korea from 2006-2008. Ambassador Everard experienced firsthand life as one of only…
What Happened On June 1, the Ministry of Justice announced a revision to the Nationality Act that will make it easier for the children of permanent residents to receive South Korean citizenship. The new policy sparked a backlash from those who believe the policy favors Chinese residents living in South Korea, as 95% of those who would benefit from…
What Happened Lee Jun Seok is emerging as the leading candidate in the race for the chairmanship of the main opposition party. Lee has been openly critical of the Moon Jae-in administration’s efforts to have a gender quota in his cabinet appointments. The ruling Democratic Party’s candidates were soundly defeated in recent mayoral elections in Seoul and Busan, largely…
Korea’s real GDP grew 6.6% (seasonally-adjusted annual rate) in the first quarter of 2021, bringing it back to its pre-pandemic peak level (Figure 1). The May OECD Economic Outlook projects that it will increase 3.8% in 2021, significantly faster than its March outlook of 3.3%. The new projection is consistent with forecasts by the Bank…
What Happened On May 13, the South Korean government announced it will provide tax incentives and subsidies to encourage growth and investment in the domestic chip market. On May 25, the government announced additional plans to provide financial incentives and support to domestic makers of automotive chips and other key car components. The government also sent requests to foreign automotive chip…