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Challenges Facing Korean Automakers Korea's auto industry plunged into deep recession following the outbreak of a global financial crisis triggered by the bankruptcy of Lehman Brothers in September 2008. At that time, government officials and business executives held rounds of brainsto...

Role of National Leaders in Building High-Trust Society A Danish couple traveling in New York was arrested by police in 1997 for leaving their infant unattended outside a restaurant. According to the New York Times’ report, the couple was charged with endangering the welfare of their 14-month-old ba...

Success of Microcredit Business in Korea There is a group of people who have devoted their lives to helping the socially underprivileged in the face of the prevalence of neoliberal economics that started about 30 years ago and triggered a global financial crisis last year. They have also st...

Debate on Australia’s Proposal for New Asia-Pacific Community Human relationships are truly intriguing. This is what I feel more acutely as I grow older. When two strangers meet and open their hearts to each other, a certain providence that can hardly be explained logically seems to work. Usually, two persons s...

December 2009

Korea’s Overseas Development Assistance “How fast do they forget?” The expression is frequently used to speak derisively of overseas assistance. In 1960, Korea’s per capita income was US$89, which was similar to ...

Ways to Revitalize Rice Industry Farmers have again taken to the streets demanding stability in domestic rice prices. According to the state-run Korea Rural Economic Institute, a bag of 80 kilograms of rice is expected to b...

President Obama’s Visit to Korea In his first visit to Korea, U.S. President Barack Obama is expected to mainly discuss three issues: the North Korean nuclear issue, ROK-U.S. alliance, and the KORUS FTA. The United States h...

Simultaneous Birth of Three Heroes The year 2010 will mark the centennial of Samsung Group founder Lee Byung-chul’s birth. Hearing that Samsung Group, Korea’s largest conglomerate, is preparing celebratory events ...

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