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Korean Capitalism Stands at Crossroads Some say that the world economy will remain gripped by slow growth and instability over the next two or three years while others say the turmoil could last up to 10 years. If these gloomy forecasts are correct, the Korean economy is about to enter a ...

Chaebol Urged to Lead Moral Evolution of Capitalism In early January of 2008, about one month before Lee Myung-bak’s presidential inauguration, I wrote in this newspaper that Korea was changing from a “hungry” society to an “angry” society. The analysis referred to the nation’s early industriali...

Policy Reform and Happy Society Bhutan’s newly married royal couple made a highly-publicized six-day state visit to Japan last month, drawing huge popularity among the Japanese people. A young and handsome king’s honeymoon travel was certainly an interesting event. But the Japane...

Korea a Role Model in Donating Vaccines for Poorest Countries Starting on November 29, the Fourth High Level Forum on Aid Effectiveness was held for three days in Busan, Korea. It was a particularly meaningful forum since Korea is the first and only country that has been successfully transformed from one of the...

January 2012

A Key Lies in Inter-Korean Economic Cooperation The global economy will unlikely end prolonged sluggishness for the time being. The world’s leading economies, including the United States and European countries, are struggling with tepid ...

KORUS FTA Opens New Window of Opportunity “Unemployed people make up 25 percent of the entire working age population. The per capita income falls short of US$100. Annual exports and imports total $20 million and $200 million, respe...

Meaning of KORUS FTA The long-pending bill to ratify the Korea-U.S. free trade agreement, or KORUS FTA, was finally passed by the National Assembly on November 22, following its approval by the U.S. Congress. Th...

Occupy Yourselves In the Diamond Sutra, one of the most historically important texts in Buddhism, Sakyamuni Buddha teaches sunyata (emptiness), the core philosophical concept of Mahayana Buddhism, in...

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