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Kaesong Industrial Complex Racing against the Cl...

The last group of 50 South Korean factory managers is set to withdraw from the industrial complex in North Korea’s border town of Kaesong (Gaeseong) and return home today. Thus, the last remaining bastion of inter-Korean exchange...
Advancement of Foreign Exchange Sector

There is a growing debate about the so-called Tobin tax, a low tax levy on speculative foreign currency transactions. The Tobin tax can be much more effective when all capital trading partners simultaneously impose the levy.
Failures are the Engine of Growth

Elementary school teacher, medical doctor and government employee ― those were the top job choices of students in the seventh to the 11th grades who participated in a 2012 survey. Scientist, which ranked at the ninth among the se...

The Korean Wave Creeps into Cultural Heritage

The “5000 Years of Korean Art” exhibition ― overseen by the late Choi Soon-Woo, then director of the National Museum of Korea ― is considered to be one of the major exhibitions to have spread knowledge of Korean history and cu...
North Korean Economy in the Kim Jong-un Era: Cur...

Kim Jong-un emerged as North Korea’s new leader upon the sudden death of his father on December 17, 2011, and the North has sealed its third-generation family rule through a series of high-profile political events. Immediately af...

First Year of the Korea-U.S. FTA: Review and Pro...

One year has passed since the Korea-U.S. Free Trade Agreement took effect. Since the official announcement of the launch of free trade talks between Seoul and Washington in 2006, the bilateral trade pact has not only been a major ...

‘Yes, I Must be a Freak!’

Upon closing the last page of the novel “The Surrendered,” I sent an email to the author, Lee Chang-rae, 48, an acclaimed second-generation Korean-American writer. Lee wrote in English and I read a translation of the novel (by N...
Life Story of a Towering Figure in Korean Progre...

Each time cabinet minister nominees are questioned in confirmation hearings at the National Assembly, suspicions arise about their illegal acquisition of farmland. The Farmland Reform Act, which was enacted on June 21, 1949, estab...
Han Jae-kwon: “54,000 North Korean Workers make...

“My company has two employees permanently stationed at Kaesong Industrial Complex. They telephoned me and asked me about the media hype about (North Korea’s) security threat. There is a significant divergence between media repor...