Why have some countries grown rich and others not? The three winners of this year’s Nobel Prize in Economic Sciences -- Daron Acemoglu, Simon Johnson and James A. Robinson -- offer a simple answer: institutions. Countries with “inclusive” institutions -- which underpin an open society, accountable government, economic freedom and the rule of law -- do better than those with “extractive” institutions that reward those in power. The World Bank’s institutional qu

Over the past few days, the Korean Peninsula has been exposed to a flood of sensitive security issues. Above all, the news that North Korea was sending 12,000 special forces troops to Russia drew attention not only from South Korea but also from the international community. This explosive story changed the mood of major domestic politics. In particular, the quantity of negative stories about President Yoon Suk Yeol and his wife has decreased to a certain extent. There was also an incomprehensibl

Hana Financial Group announced Wednesday that it has opened the 99th nursery of its "100 Nursery Building Project" in Dongdaemun, central Seoul. The latest facility, "Hoegi Hana Nursery," is a public child care center serving multicultural families, offering space for up to 60 infants and children under five. The five-story building includes playrooms and an outdoor playground. Since launching the initiative in 2018, Hana Financial Group has partnered with regional government

이번 회에는 저희 책 Advanced Vocab에서 소개한 중상급 영단어들을 알려드립니다. 단어의 우리말 뜻을 기억하는 데에 그치지 않고, 난이도 있는 단어를 실제로 활용하는 단계까지 나아가 보기 바랍니다. 〈순간적이고 급격한 움직임〉 1. onslaught [ɑ́nslɔ́ːt] 맹공격 ‘맹렬한 공격’이라는 뜻이 확대되어, 어떤 일이 맹공격처럼 강하게 발생하는 것을 일컫기도 한다. The American speedskater faced an onslaught of public criticism in Korea in connection with his involvement in the disqualification of a Korean speedskater. 그 미국 빙속 선수는 한국 선수의 실격에 관여해서 한국 국민들로부터 많은 비난을 받았다. ● 그 은행은 파생상품 거래로 손실을 입은 개인 투자자들로부터 소송이 쇄도하고 있다. The

Find the answer at the bottom. Born in November 1970 in Gwangju, Han Kang's literary career began in 1993 when she published poems in the winter edition of the quarterly magazine, "Literature and Society." Since then, she has been honored with numerous awards, writing work that addresses universal human issues such as death and state violence through intense poetic prose. Most recently, she was awarded the Nobel Prize for literature, becoming the first South Korean and t

If someone says that they are both a progressive and a conservative, or leftwing and rightwing, we may think that they are a sly opportunist, a hopelessly contradictory person, or a case of dissociative identity disorder. Not anymore. Today, a perfectly normal person can become such a broadminded person who can cross the border between the two and embrace them, if they have courage and capacity. Moreover, they are an ideal person we need in order to build a non-polarized, better society. The ren

For the past decade, the United States has been mired in a repetitive, pointless conversation about “voter fraud,” helped in no small part by Donald Trump’s efforts to undermine voters’ faith in the electoral process. During the presidential debate with Kamala Harris in early September, Trump insisted that he was the true winner of the 2020 election, and he has repeatedly hinted that he will not accept the election results this November if they are not in his favor. Since

Foreign envoys, CEOs and their family members pose for a photo during a weekend program at the Hanok Heritage House in Yeongwol-gun, Gangwon Province. Front row from left: Tourist guide Park So-young, Ignacio Montojo Salazar, husband of EU Ambassador to Korea Maria Castillo Fernandez; the ambassador; New Zealand Ambassador to Korea Dawn Bennet; Renault Korea CEO Stephane Deblaise and his wife Marie Deblaise; Fernandez's friends; Italian Ambassador Emilia Gatto and Yoon Kyung-hae, the advise

International World in Korea, a civic group promoting multiculturalism and diversity, held an award ceremony in Seoul on Saturday to honor several Koreans and foreign nationals for their contributions to Korean society and their efforts in promoting international exchange. The National Assembly Foreign Affairs and Unification Committee Chairman’s Awards were presented to Chukhlantseva Mariia, Berdibekova Aiperi and Idil Ayral; the Seoul Metropolitan Council Chairman's Awards went to I

2) 해커스 텝스 문법 Part Ⅰ Choose the best answer for the blank. 1. A: Didn’t your grandfather marry late? B: Yes, he was at the _______ 40 at the time. (a) aged (b) age of (c) aged of (d) age 해석 A: 네 할아버지께서는 결혼을 늦게 하시지 않았어? B: 응, 그 당시 마흔 살이셨어. 해설 올바른 목적어 채우기 전치사(at)의 목적어가 비어 있으므로 목적어 자리에 올 수 있는 명사 (b)와 (d)가 정답의 후보이다. 빈칸 뒤에 숫자 40이 왔으므로, 명사(age)와 숫자 40을 연결하는 전치사가 필요하다. 따라서 전치사 of와 어울려서 '~의 나이로'라는 의미의 표현인 'at the age of ~'을 완성하는 (b) age of가 정답이다. 어휘 marry 결혼하다 2. A: I can’t

About two years ago, in the aftermath of the COVID-19 pandemic, China’s economy hit a roadblock. As all sectors underwent deleveraging, economic growth slowed, household savings rates increased and businesses scaled back their investments and accumulated savings. Many now wonder whether consumers and companies are stuck in a self-reinforcing cycle of declining spending and falling prices, which would have the pernicious effect of increasing the real value of debt. For a long time, the gove

By Choe Ju-weon Director general of Korean National Police Agency Future Policing Policy Bureau Visitors to South Korea are often astonished by how safe the country feels -- whether walking around at any time of the day or leaving a phone or wallet unattended in a cafe. Korea ranks well on numerous recent global safety rankings for personal security, and many cite the country’s stable public safety as a reason for living here. This sense of security stems from the high, law-abiding spirit