Won vs. yen
Will ‘Geunhyenomics’ be able to get over ‘Abenomics’? “Japan Inc. is coming back at the expense of Korea Inc.” So went the headline of a Bloomberg news story Monday, which described the revival of Japanese auto and electronics makers riding on a weak yen in contrast to their Korean counterparts reeling under a strong won. […]
Allergies
My sister was born with a variety of severe allergies. As a baby, she was allergic to all dairy, eggs, oranges, nuts, and chicken. In one of my earliest memories, my parents are holding her arms and torso down on the floor as she screams; I’m holding her legs. My dad paints red medicine on […]
Restoring Seoul City Wall
Over the past several years, the city government of Seoul has taken a new interest in the Seoul City Wall that surrounded the old city. Built in 1396 four years after the selection of Seoul as the capital of the Joseon Dynasty, the wall is one of Seoul’s grandest historic structures. It had four large […]
Open letter to Park’s advisers
As soon as Park Geun-hye won the 2012 presidential election, she became like the main character in “The Marriage of Figaro” (“The Day of Madness”). She was getting so much advice from so many people that she didn’t know which way to turn. Some of the advice in open letters and wish lists for the […]
Is China enough?
BUENOS AIRES ― For many countries in Latin America, demand from China has been essential to maintaining high GDP growth rates over the last decade. But will Chinese demand for commodities be enough to sustain high prices for the region’s exports in the coming years? During the last two decades, four factors combined to generate […]
Trip to Bulgar following the footsteps of Ahmad bin Fadhlan who first taught Islam in the land
In front of the White Mosque in the village of Bulgar on the River Volga, Tatar girls dressed in sky-blue clothes were waiting for us, making traditional eurhythmic movements. Historical clothes, vast expanse, severe cold and different faces returned me more than a thousand years back, as if they were historical celebrations. It was here […]
Small firms need to overcome Peter Pan Syndrome
Small Korean firms are trapped in what resembles the Peter Pan Syndrome or Dwarf Syndrome, where adults do not want or feel unprepared to grow up. In the Korean economy, this tendency can be seen among small- and medium-sized firms that fear to become large companies. Since the 1980s, the number of large firms the […]
The new old year
NEW YORK ― Any look back at 2012 would necessarily focus on three parts of the world: the eurozone, with its seemingly endless financial uncertainties; the Middle East, with its many upheavals, including, but hardly limited to, the Muslim Brotherhood’s accession to power in Egypt and Syria’s savage civil war, which has already claimed more […]
Master plan for Lumbini Peace City appears to complete in six months
KATHMANDU – The new master plan of the Lumbini Peace City is likely to complete in six months. According to Korean International Cooperation Agency (KOICA), 80 percent works of the master plan has been completed. Korean professor Kwak Young Hoon, 72, is drafting the new master plan to build a lotus-shape peace city in an area […]
Are extraterrestrials here?
We sometimes encounter people who behave extraordinarily. When we do, we refer to them as “sachawon” which means four-dimensional. My daughter, now turning 19, is one of these and is often scolded by my wife for her frequent unexpected behavior. Once she disappeared in the middle of eating breakfast leaving her spoon still on top […]