Asia

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…

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.…

What Happened The Korean government adopted a mandate requiring people to show their vaccine passports when accessing libraries and tutoring facilities. Nationwide polling showed overall public support for the government’s requirement for vaccine passports when accessing these institutions, but 40.4% expressed opposition. Meanwhile, 76.8% supported similar measures for entry to restaurants, cafes, cinemas, and stores. Implications: Korean society…

What Happened Public health mandate requiring vaccine passes to enter restaurants, grocery stores, and cafes incited backlash from foreign nationals whose overseas vaccinations were not recognized. Seoul amended its vaccine pass requirement for foreign nationals after a U.S.-led embassy protest. Prior to the changes, the U.S. military issued its own vaccine documents that were recognized by South Korean…

In the first few days of December each year, the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) issues an annual Global Humanitarian Overview focusing on current humanitarian trouble spots and setting the agenda for UN humanitarian aid in the coming year.  The 2022 Global Humanitarian Overview issued December 2 this year, projected…

Popular culture can amplify a country’s soft power - and much has been made about K-pop’s contributions to South Korea’s ability to reach a global audience. However, these cultural assets are often constrained and cut down to size by the country’s own toxic political discourse. In Korea, anti-feminist ideology may become the breakwater to the…