MERS incubation period in doubt

The Korea Herald > Opinion

China’s boom has World Bank worried

The World Bank has a timely warning for Chinese President Xi Jinping: Don’t let all that money go to your head. The global lender didn’t refer directly to Shanghai’s stock boom or the Asian Infrastructure Investment Bank (Beijing’s attempt to develop a World Bank of its own). Nor did i...

Updated : 2015.07.03 21:23

[Jean Pisani-Ferry] The end of work as we know it

In 1983, the American economist and Nobel laureate Wassily Leontief made what was then a startling prediction. Machines, he said, are likely to replace human labor much in the same way that the tracto...

Updated : 2015.07.03 21:23

[Editorial] Gruesome reality

National police arrested this week a low-ranking government official on charges of taking kickbacks from car importers while issuing environmental certificates for foreign automobiles. Given the rampant corruption in the civil service, the news should not surprise many, but this case is tr...

Updated : 2015.07.03 21:21

[Editorial] Unfinished probe

The Sung Woan-jong bribery scandal has exposed many dark sides of Korean society ― pervasive corrupt links between politics and business, elections being financed by illicit money, lack of strict ethics among politicians and senior government officials, and rampant influence-peddling by p...

Updated : 2015.07.03 21:21

[Chon Shi-yong] President Park and Samsung’s Lee

Lee Jay-yong, the de facto leader of Samsung Group, offered a public apology last month for Samsung Medical Center’s mishandling of the outbreak of Middle East respiratory syndrome. The Korean publi...

Updated : 2015.07.02 21:18

[Frank Ching] Impediments to positive U.S.-China relations

Chinese sayings are hot these days. The United States Supreme Court, in its ruling on same-sex marriage, cited Confucius. And at the opening of the U.S.-China strategic and economic dialogue last Tue...

Updated : 2015.07.02 21:11

The beginning of China-led AIIB

For years, the G7 nations have pledged substantial governance reforms in international multilateral institutions, such as the International Monetary Fund, the World Bank and the Asian Development Bank. But the promises were left unfulfilled, not least because these organizations are domina...

Updated : 2015.07.02 21:03

Tax scheme alone can’t spur Thailand’s birthrate

The more children you have, the more likely you’ll be poor: That was the grim slogan of a national birth-control campaign more than four decades ago. It was dire, but it was also accurate, and it remains accurate today. In the years since, the cost of rearing, educating and keeping a chil...

Updated : 2015.07.02 21:01

Abe seeks to protect U.S. military vessels

Japanese Prime Minister Shinzo Abe raised an important question on whether the current security-related bills would allow Japan to protect U.S. military vessels during a session of the House of Representatives special committee on the legislation for peace and security on Friday. “If U.S....

Updated : 2015.07.02 20:55

The liberation of Barack Obama

Rarely, if ever, in American history has a president spoken more personally, emotionally or candidly than Barack Obama these past three weeks. Almost as though he had experienced a religious conversion, the president decided to be himself, to show who he was inside, to share his true chara...

Updated : 2015.07.02 20:43

[Editorial] Korean to head IMO

A Korean has been elected to head the International Maritime Organization, the first time since Korea joined the U.N. organization in 1962.Lim Ki-tack, president of the Busan Port Authority, will lead the IMO starting January 2016. Lim’s election is a coup for Korea ― it was only last ye...

Updated : 2015.07.02 20:32

[Editorial] Airbus wins W1.5tr bid

In a clear departure from the usual practice, the Korean government has chosen a European defense firm to supply aerial refueling tanker aircraft.The Defense Acquisition Program Administration said that the Air Force will buy four A330 Multi-Role Tanker Transports from Airbus Defence and S...

Updated : 2015.07.02 20:30

Uber chaos exposes folly of French protectionism

PARIS ― French police arrested the chief executive of Uber France and the general manager of Uber Europe this week for “inciting illegal employment.” Translation: Uber is disrupting a system in whi...

Updated : 2015.07.01 19:26

Stop paying for stupid science

The National Science Foundation too often shortchanges American taxpayers by funding low-value, low-priority social science projects.Here are some doozies: the veiling fashion industry in Turkey, Viking textiles in Iceland, the “social impacts” of tourism in the northern tip of Norway, l...

Updated : 2015.07.01 19:25

China is a communist success story. Kinda.

Here’s a fairly common discussion you see on Twitter or hear at cocktail parties:Libertarian: “Communism doesn’t work!”Acquaintance: “Oh, yeah? What about China?”Libertarian: “China, communist? Ha! They started to succeed when they opened up to free enterprise, and then they kept it...

Updated : 2015.07.01 19:24