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…
Recently released data from the Department of Commerce confirmed that the United States achieved record-level export of services to South Korea in 2018 – $24.5 billion. Combined with the trade…
We imagine North Korea as a country that is carrying on not only a conflict left over from the Cold War, but also a decrepit legacy economy from the past.…
The second summit between President Donald Trump and North Korean leader Kim Jong-un on February 27 and 28 ended without an agreement. The key difference in the two leaders’ negotiating…
As the complex negotiations between North Korea, the United States, and South Korea continue, it is worthwhile to review what the current U.S. presence on the Korean Peninsula looks like.…
By Greg Scarlatoiu Regardless of the outcome of the upcoming December 19 presidential elections in South Korea, there will likely be changes in Seoul’s approach to North Korea. Since the shooting of South Korean tourist Park Wang-ja at Mount Kumgang in July 2008, inter-Korean exchanges have subsided, and inter-Korean tensions have been further exacerbated by…
Below are the key findings from the surveys conducted by Research and Research in November and December. Where applicable, dates the survey was conducted are in brackets. The presidential race between Park Geun-Hye and Moon Jae-In remained tight. As of December 12, 43.4% support Park, while 41.9% support Moon. Following Ahn Cheol-Soo’s exit from the…
By Sarah K. Yun Both the United States and China went through leadership transitions in November. In the United States President Barack Obama was reelected, while China announced a new era under General Secretary Xi Jiping. With both countries future leadership now decided, what are the implications for Korea as the U.S. and China consolidate…
By Nicholas Hamisevicz North Korea’s decision to launch a satellite in the midst of important regional political transitions underscores its disregard for building better relations with new leaders throughout its neighborhood. Rather than creating a favorable environment for South Korean presidential candidates who had been talking about re-engaging with the DPRK, Pyongyang has slammed the door…