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UK, South Korea deepen defence ties

Jon Grevatt, Janes – 7 January 2021 The Ministry of National Defense in Seoul have announced their intentions to deepen defence ties with the UK. Amid a heightened security environment along the Korean Peninsula and a new, post-Brexit world for the UK, expanding defence cooperation between South Korea and the UK is a welcome effort…

Amid daunting security environment, Seoul should tighten alliance with US

The Korea Herald – 6 January 2021 South Korea’s alliance with the U.S. is one of the most significant in the world, with both friends sharing the same democratic values and being important trading partners for one-another. However their relations have recently encountered problems, particularly since Trump’s inauguration four years ago, with geopolitics and a…

South Korea on Top Again

Aug 18, 2020 JIM O’NEILL Project Syndicate On August 11, the OECD signalled that it would be revising its 2020 real (inflation-adjusted) GDP forecast for South Korea from -1.2% to -0.8%, adding to the confidence that the country is faring better economically than any other OECD member. On average, the group’s 37 member states are projected to experience a…

Trying to loosen the linchpin: China’s approach to South Korea

Trying to loosen the linchpin: China’s approach to South Korea

This Brookings Institution report by Jung H Pak explains China’s approach to South Korea. The report’s executive summary is provided below and the full report is provided at the link below. China sees South Korea as a critical part of its effort to establish its preeminence in Northeast Asia. South Korea’s status in the U.S.…

Coronavirus destroys jobs and worsens inequality, with or without full lockdown

The Coronavirus has plunged the world into the worst economic crisis since the Great Depression. But lifting lockdown measure may not rescue their economies to the degree they hope. Evidence from South Korea, which never shut private businesses, tells a cautionary tale. Taiwan and South Korea are also in midst of an economic downturn, although not as severe as…