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Korea's Inclusion into FTSE Developed Markets Index
Starting September 21, the Financial Times Stock Exchange Group, better known as the FTSE, raised the Korean stock market to developed market status from an advanced emerging market. Amid the rising expectations for Korea's inclusion into the FTSE li...
Could Seoul Become a Financial Center?
One year after the Lehman bankruptcy, many cities round the world are vying to be a financial center. They hope to attract businesses away from New York and London. Could Seoul become a financial center of Asia?
What would make Seoul a financial c...
The Key to Solving Real Estate Problems
"Seoul should follow the urban development models of New York and Tokyo, revise rules to permit the construction of skyscrapers and expand public transportation networks to ease the chronic traffic congestion." Andre Kostolany, a world...
Ordinary Working People's Credit Crisis
The government has unveiled a string of "people-friendly" policies. Such moves are widely welcomed, as the global financial crisis has aggravated the livelihoods of "seomin" (the working-class people). In particular, expansion of petty loans...
Meaning of Korea-India CEPA
Korea and India officially signed a comprehensive economic partnership agreement, or CEPA, in Seoul on August 7. The two countries began negotiations in March 2006 and concluded the pact aft...
Benefits of a Strong Won
The streets of Myeong-dong, Seoul’s busiest shopping district, are overflowing with Japanese tourists. The number of Japanese tourist arrivals in Korea temporarily dropped following a ...
Manufacturing Renaissance in Korea
Good news keeps pouring in about "Made in Korea" products sweeping the global market. Korea's share of the world's DRAM memory chip market has reached an all-time high of more than...
Is President Lee Market-friendly or Enterprise-friendly?
A market is a place where buyers and sellers meet and set product prices and quantity through competition. The factor market refers to markets where production inputs such as labor, capital ...
Korea’s Unique Economic Model
The biggest beneficiaries of a knowledge-based economy are probably the internationally renowned scholars who are leaders in their fields. Their lips are being watched particularly closely u...