As China keeps extending its interests abroad, some predict that neighboring countries will form a coalition to counter it. Any of three states could take the lead on building such an alliance: India, South Korea, or Japan. Each has a different mix of technological, economic, and diplomatic power that — when combined with the resources […]
In the United States, it’s the Kennedys and Bushs; in South Korea, it’s the Parks. On December 19, South Korea elected Park Geun-Hye as president — but she’s not just the country’s first female head of state, she’s heir to a controversial political legacy. Her father, Park Chung-hee, was South Korea’s dictator in the 1960s […]
SOUTH KOREA has elected Park Geun-hye, a 60-year-old conservative, as president for the coming five years. The candidate is from the same party, the Saenuri party, as the incumbent, Lee Myung-bak. She is the daughter of Park Chung-hee, the dictator who set South Korea on the path of break-neck development, seizing power in 1961 and […]
Lee Bok Sun is planning to close her 28-year-old fruit store in Seoul for good. Many of her customers have switched to a new hypermarket owned by one of South Korea’s chaebol, the family-controlled business groups that dominate the economy. “My baby brother gave me the money to start this shop to thank me for […]
When I was in Seoul a few weeks ago, the English-language news program Korea Today broadcast a strangely fascinating story about an “I Love Dokdo” contest at Taegu University. The idea was to see who could come up with the most inspiring tribute to the patch of microislands that has been the focus of a recurring and bitter […]
It isn’t every day that the finance minister of a major nation mentions a rap star when talking up his economy. But then South Korea (KOSPI) isn’t your average economy and Psy isn’t your usual entertainer. Bahk Jae Wan did that in an Oct. 9 interview. South Korea’s top economic official cited the singer of the global smash hit […]
SINCE the days of Park Chung-hee’s often brutal dictatorship (he seized power in 1961 and was assassinated in 1979), South Korea has transformed itself as a democratic nation. Its politics, enlivened by occasional fisticuffs in the National Assembly, are among the most vibrant in Asia. The bid by the late strongman’s daughter, Park Geun-hye, to […]
PARISIANS are in a tizz about capitalism. New Yorkers get stressed about sex. In Seoul and San Antonio, Texas, 11,000km apart, citizens fret about the relationship between humans and apes. What goes into school textbooks—and, even more, what is left out—spurs concern and controversy all over the world. And so it should. Few, if any, […]
THE whiff of agrarian reform has hung over North Korea since early summer when DailyNK, a Seoul-based defectors’ website, reported a plan to allow farmers to sell more of their harvest at market prices rather than lower, state-set ones. This week it grew stronger after two Western news agencies reported that farmers would be free […]
Korean pop culture may not (yet) turn heads in Los Angeles or London, but its impact — economic as well as cultural — across the developing world is startling. First taking off in China and Southeast Asia in the late 1990s, but really spiking after 2002, Korean TV dramas and pop music have since moved […]
looking beyond borders 