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…
Despite being industrial powerhouses, Korea and Japan are both resource-poor nations with limited domestic sources of energy. Powering their economies required both to develop supply chains for fossil fuels, nuclear…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
By Sungeun (Grace) Chung These days, college students graduate into a competitive job markets where a high unemployment rate and an oversupply of workers coexist. Yet the case of South Korea is extraordinary. Despite the miraculously rapid economic growth following the Korean War, which is referred to as the “Miracle on the Han River.” However,…
By Juni Kim Although not a focal point of the ongoing presidential campaigns, U.S. policy regarding the Korean peninsula has come up from time to time with both major party candidates Donald Trump and Hillary Clinton. With scant information on American public opinion regarding Korea and its importance, a recent survey by the Chicago Council…
By William Brown Any hopes that last spring’s “toughest ever” UN Security Council sanctions would cripple North Korea’s economy are likely to be dashed by recently released Chinese customs data. An August surge in Chinese exports to North Korea, up 41 percent from a low point a year ago, and a 16 percent boost in…
By Maria Rosaria Coduti On September 9, the day of the anniversary of the founding of the Democratic People’s Republic of Korea (DPRK, or North Korea) by Kim Il Sung, Pyongyang conducted its fifth underground nuclear test at the site of Punggye-ri, in the Northeastern region of the country. The U.S. Geological Survey (USGS) detected…