1933 Posts located
Korea’s economic development is often cited as a model for other developing nations. One of about 60 countries whose per capita income was less than $300 in the 1960s, only…
Korea has shaken off some of the impacts brought by the Sewol ferry disaster, but its overall pace of growth is still very weak. The Korean economy is forecast to…
The Korean economy has faced several crises, such as the ending of the rapid economic growth era in the 21st century, continued stagnation of per capita GDP growth since 2007…
After decades of rapid growth led by large, industrialized chaebol firms, Korea has reached the technology frontier in many of its largest industries and run out of room for future…
Although it is happening more rapidly in South Korea, an aging society is a common feature in post-industrial societies around the world. With the number of retirees growing and the…
In March, Seoul suffered from the worst air pollution on record. Enough that the South Korean government has officially designated the problem as a "social disaster." But what is causing…
Over the past few years, Korea and Koreans have experienced incredible political, social, and diplomatic shifts. It is hard keeping up with all these new developments as a Korea Watcher,…
Even before the meeting between President Trump and Kim Jong-un in Hanoi, foreign policy practitioners and observers were talking about the difficulties of sequencing international sanctions relief for North Korea…
Last year, President Yoon Suk Yeol and Prime Minister Kishida Fumio made significant efforts to develop a strong working relationship to advance the bilateral relationship. In a recent interview with public broadcaster KBS, President Yoon said his Japanese counterpart is an honest leader. In recent months, surveys looking at both the Korean and Japanese publics…
For seventy years, one of the few things that North Korea, South Korea, and the United States agreed upon was the goal of reunifying the Korean Peninsula. No more, at least for now. During a January 2024 speech, Kim Jung-un announced, “The reunification of Korea can never be achieved with the Republic of Korea.” He…
Corruption has a significant negative effect on economic growth through its impact on investment, competition, entrepreneurship, government efficiency and human capital formation. It also has important implications for numerous indicators of economic development, such as environmental quality, personal health and safety, income distribution and social trust. Reducing corruption should be a top priority. Many studies…
Investment Announcements December 20, 2023 – LG Chem begins construction on its cathode plant in Clarksville, Tennessee, set to begin production in 2026. The $1.4 billion injection as part of the construction is the first phase of its $3.2 billion investment plan delineated in an MOU LG Chem signed with the State of Tennessee in…