1927 Posts located
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…
Along with commercial banks, capital markets are an integral part of the financial systems in most capitalist economies, and their relative importance is constantly increasing. Countries around the world are…
Hello again after the holiday break! Just before the holidays I spoke with Hawon Lee, who was just wrapping up his nearly four years as Washington D.C. Bureau Chief of…
In this episode we speak with Mr. Ken E. Gause, currently a senior research analyst with the International Affairs Group and Iranian Studies Program at CNA Strategic Studies in Alexandria,…
In this episode, we are joined by Balbina Hwang, currently a visiting professor at Georgetown University and the National Defense University here in D.C. Ms. Hwang is here to speak…
This episode takes us directly into the office of Ambassador Han Duk-Soo, Ambassador of the Republic of Korea to the United States, who shares his thoughts on the much-anticipated G-20…
The 2022 OECD Economic Survey of Korea, released in September, highlighted the need to strengthen the social safety net. In particular, the share of the population aged 65 and older in relative poverty exceeds 40%, nearly triple the OECD average (Figure 1). Ensuring adequate retirement income requires reforms to improve the National Pension Service (NPS),…
Recent debates on South Korea securing an independent nuclear weapons capacity have addressed several issues, including strategic relevance and operational utility, its impact on the U.S. alliance, how it will affect the balance of power on the Korean Peninsula, and its contribution to the regional arms competition. Less discussed has been the question of South…
The Korean Peninsula is currently in a pattern of tit-for-tat provocation: short and long-range missile tests; combined training exercises; artillery live-fire exercises, and border area fighter jet sorties. The pattern in place will reach a new level if and when North Korea undertakes its seventh nuclear test. What will this mean in the context of…
Ahead of the Chuseok holiday last month, Unification Minister Kwon Young-se said South Korea was interested in negotiations with North Korea about holding another round of inter-Korean family reunions. The urgency of the issue has only increased since the last time they were held, back in 2018. In his remarks at a government press conference,…