While the state played a strong role in South Korea’s development, the state itself underwent a push for reforms in terms of ...

Many Koreans are pessimistic about the future, which reflects the intense competition that defines their lives, from education to employment.

The World Bank report highlights how strong institutions, innovation, and effective governance drive middle-income countries ...

South Korea released policy plans on Thursday to spur foreign inflows for stability in financial markets and boost domestic ...

SEOUL--South Korea’s central bank on Thursday lowered its key policy rate for the second straight month and said the country’s economy will grow at a slower pace than it initially anticipated.

World Bank pledges $12 million for Vanuatu earthquake relief. Marking the 20th anniversary of the deadly Aceh tsunami. First ...

Japan, South Korea, and China are facing a year of big decisions and bigger challenges in 2025. Japan is working on a fragile ...

South Korea’s headline inflation rose 1.9% for December, above expectations, but largely sluggish domestic demand still kept ...

Surprisingly, the report identified 34 economies that escaped the middle-income trap and achieved high-income status between ...