Few Koreans would deny that South Korea is a highly competitive society. People say that the competition is so stiff that your child should begin preparing for it as soon as he or she turns three years old. Indeed, parents send their three-year-olds to preschool and private academies for piano, violin or art lessons after school. Then, a little later, English-speaking kindergarten awaits your child. When your child enters elementary school, the competition for college entrance has already begun.

Last year, US President Joe Biden’s administration infuriated lobbyists representing Big Tech firms and others that profit from our personal data by denouncing a proposal that would have gutted domestic data privacy, online civil rights and liberties, and competition safeguards. Now, Biden’s new executive order on Americans’ data security reveals that the lobbyists had good reason to worry. After decades of data brokers and tech platforms exploiting Americans’ personal da

The doctors’ strikes in South Korea reminded me of what happened after I broke both of my ankles in Seoul last April. While there is never a good time or place to break one’s ankles, doing so while traveling abroad is quite a challenge. I was in Seoul giving talks at universities and meeting with people in the K-pop industry. While my friends joked that I should tell people that I fell while working as a backup dancer for a K-pop act, the truth is that I fell from a single missed ste

As an art enthusiast living in New York whose pastime is spent traveling to see art, I have never felt more proud to be Korean. Since last year, there have been so many special exhibitions of Korean art and solo exhibits of Korean artists taking place in the US and Europe. Adding to my excitement is the fact that there is more modern Korean art (from the 1860s to the 1970s) on display, which is relatively hard to find outside of Korea. These days, however, there seems to be a surplus of Korean a

South Korea’s economy is widely expected to post a pick-up in growth this year thanks to a recovery in exports after months of extremely poor performance. However, a recent series of data points to the slump in domestic demand worsening, and the construction sector’s troubles are particularly worrying as project-financing loans remain a key risk to the economy. Some of the project-financing loans, which surged in line with the booming property market, especially during the previou

In the United States, the long-term real safe interest rate – the inflation-adjusted return on low-risk investments such as Treasuries – is, in addition to “financial conditions,” the key mechanism influencing both the incentive to build and the balance of net exports (owing to its effect on the exchange rate). From early March to mid-May 2022, this metric jumped by more than one percentage point as the bond market realized that the US Federal Reserve would soon curtail i

With Donald Trump, everything is often the biggest ever or the grandest ever. His political movement, he often proclaims, is the greatest in American history. And Nov. 5, when he hopes to regain the presidency, “will be the most important day in our nation’s history.” Really? Bigger than July 4, 1776? Or the day Abraham Lincoln issued the Emancipation Proclamation? Or the day the Berlin Wall fell, marking the end of the Cold War and portending the collapse of the Soviet Union?

Is having a mentor a good idea? I want to try it but don’t know much about how the relationship works. Where do I find a good mentor, and what do I discuss with the mentor? Yes, having a mentor is an invaluable asset. A mentor is hugely beneficial for both professional and personal growth. Think of a mentor as an advisor, a supporter and a confidant. Mentors lend their ears, share their experiences and offer wisdom to help you overcome challenges and achieve your goals. However, like a

There is growing evidence that some employees of the UN Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) have been involved in terrorism-related activities in Gaza. If true, and if the problem turns out to be more widespread than is currently known, the implications would be profound. An official UN body being complicit in war crimes would be one of the greatest scandals in the organization’s history. According to an Israeli intelligence document, a dozen UNRWA emplo

What is “home”? The English word “home” has diverse meanings. It refers to not only “home,” but also “house,” “hometown” and “homeland.” English-speaking people also use expressions, such as “homeless,” “home for sale,” “high school homecoming” or “homecoming queen.” Well-known English phrases include: “There’s no place like home,” “Home, sweet home&rdqu

Donald Trump was the unlikeliest of American presidents. When he launched his campaign in 2016, the closest he had come to executive authority was pretending to fire contestants on a business-themed reality show. As ridiculous as it seemed, the image of Trump sitting behind a massive boardroom table uttering his imitable catchphrase -- “You’re fired” -- convinced millions of American voters, including many who hadn’t voted previously, that he was a man who knew how to get

“BTS finds you when you need them most.” Army, the name of BTS’ fandom, is likely the largest and most devoted fandom in K-pop. While non-K-pop fans may envision Army as primarily young women who scream and cheer at concerts, fans in fact come from many backgrounds. This is particularly true of American BTS fans, who also find comfort both through the community of fans and the content BTS provides. Earlier this year, I attended two BTS Army cup sleeve events in Connecticut, a s

I read recently that the average birth rate per woman in South Korea has fallen to 0.72 despite $270 billion in government incentives. Although there are undoubtedly multiple reasons for this, as someone specializing in language education, I began to question whether English language teaching might be a contributing factor. The expression “English Fever,” has often been linked to the well-known phenomenon among South Korean parents who traditionally perceive education as the pathway

South Korea’s economy grew 2.2 percent in real terms during the final quarter of last year compared to the same period in 2022, marking an acceleration from a 1.4 percent rise in the third quarter and bringing growth for the entire of 2023 to 1.4 percent, according to revised data released by the country’s central bank last week. The headline figures looked fine overall, with growth accelerating in the October-December period compared to the preceding quarter, defying fears that Asia

South Korea’s low fertility rate made the news again recently after a government report predicted that the rate would fall to a new low of 0.72 children per woman in 2023. The country’s fertility rate is already the lowest in the world, despite a spate of recent policy initiatives to address the issue. The rate is expected to fall below 0.70 in 2024, which is far below the replacement rate of 2.1 needed to maintain a stable population without any immigration. Though the lowest in the