2004 Posts located
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)…
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…
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…
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…
Strategically located at the crossroads of Central Asia, China, and Russia, Mongolia has long attracted the attention of regional powers – including the Koreas. How is this traditionally-nomadic, but resource-rich,…
Though hesitant to officially join the U.S. Indo-Pacific Strategy, South Korea is seeking to promote many of the same values through the Moon administration’s “New Southern Policy.” Central to this…
The U.S. Peace Corps was active in South Korea between 1961 and 1981. One of the many volunteers who served in South Korea was KEI president and CEO Kathleen Stephens.…
This month, the world was reminded once again that the relationship between the Republic of Korea and Japan is deeply fractious. Japan has imposed restrictions on the export of chemical…
By Kyle Ferrier In a 2014 speech in Dresden attempting to apply lessons from German unification to the Korean Peninsula South Korean President Park Geun Hye introduced the possibility for a Northeast Asian Development Bank. Still in the nascent stage of planning, it would serve as a multilateral development bank (MDB) to attract investment in…
By Juni Kim When gazing over the nighttime cityscapes of Seoul, one would be hard-pressed to miss the scores of red neon crosses that stretch across the city. Found on the tops of church steeples and multi-purpose buildings, this familiar sight exists in practically every metropolitan area in South Korea. Daytime strolls through the same neighborhoods…
By Nicholas Hamisevicz After the month of August featured shooting, shouting, and a negotiated joint statement, September mainly focused on laying the groundwork necessary to implement the August 25 agreement or to scuttle it. The two Koreas were able to agree on family visits scheduled for October 20-26. However, the last half of September saw…
With Germany marking the 25th anniversary of unification this is the first part of a five part series looking at insights from the German unification experience for the Korean peninsula. Part II on political unification can be found here. Part III on integrating the bureaucracy and the military can be found here. Part IV on the social challenges of unification can…