Tom Llewellyn, HITC – 8 January 2021 Whilst 2020 was inarguably one of, if not the most, toughest years for a majority of businesses worldwide, for Netflix and other streaming services it was their best year on record. With millions globally confined to lockdowns, we took to our sofas to watch films and series, but…
Eunice Wu, Palatinate – 14 January 2021 In a culturally progressive move, the South Korean government have passed a new law named the ‘BTS Law’, meaning K-Pop entertainers can postpone their compulsory military service. This new law comes into effect after the culture minister stressed the contribution of such performers to the Korean economy and…
Yoon So-Yeon, Korea JoongAng Daily – 26 January 2021 Just as the popularity of K-Pop has transcended across borders, a few Korean fans have instead turned inward and conservative over the industry that has boosted South Korea’s economy massively. Despite this, others say it’s important to accept the global success of Korean idols as “the…
David Tizzard, The Korea Times – 24 January 2021 In comparison to the dazzling lights of K-Pop concerts and the bright colours on their social media feeds, this article on The Korea Times by David Tizzard is a somewhat more sombre account of the industry’s global achievements. Tizzard uses the theme of changing trends to…
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…
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…
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…
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.…
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…
