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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…
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…
As a result of more South Koreans choosing to stay at home since the start of the pandemic, Netflix saw its subscribers soar in the country. This rise in demand has prompted the streaming giant to invest USD 500 million in creating new Korean content and cement its position as a leader in the Korean streaming market.…
What Happened Lawmakers have proposed two new bills to ban the discrimination of individuals based on gender, ethnicity, age, and other identities. A petition calling for the bill to be brought to the National Assembly’s Legislation and Judiciary Committee has gained traction, receiving over 100,000 signatures within 30 days. Even with overwhelming support from the public, anti-discrimination laws have…
What Happened South Korea plans to resume in-person classes for all students in the fall. Ahead of this full reopening, the government expanded the maximum in-person attendance for middle school students in the Seoul metropolitan area in mid-June. This decision comes on the heels of a new study that showed declining academic achievement levels among some middle school students. Implications: The…
Taiwan is one of the most sensitive issues concerning China, so it was with some surprise to see it raised at the U.S.-ROK summit held in May. Underscoring shared support for the rules-based international order, the joint statement released after the summit said: “President Biden and President Moon emphasize the importance of preserving peace and…