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The Korea Herald > Opinion

[Editorial] Public sector reform

It is one thing to come up with reform measures and another to implement them thoroughly. This seems the prevailing public response to the public sector reform package announced by the ruling Saenuri Party last week.No one disagrees on the urgent need to overhaul poorly managed, debt-ridde...

Updated : 2014.09.21 19:12

[Editorial] Repairing neighborly ties

South Korea and Japan have recently been moving to build momentum toward repairing their soured relations, with the possibility growing that President Park Geun-hye and Japan’s Prime Minister Shinzo Abe will hold their first bilateral summit in the months to come.In his message delivered ...

Updated : 2014.09.21 19:11

[David Ignatius] U.S. underestimates IS fighters

WASHINGTON ― The U.S. has made the same mistake in evaluating fighters from the Islamic State that it did in Vietnam ― by underestimating the enemy’s will, according to James Clapper, the director ...

Updated : 2014.09.21 19:11

The problem of Piketty’s missing rentiers

Most reviews of Thomas Piketty’s book “Capital in the Twenty-First Century” have already been written since its startling rise to the top of bestseller lists in April. But I thought it wise to read the volume in its entirety before offering my thoughts. It has taken me five months, but ...

Updated : 2014.09.21 19:11

China’s ODA diplomacy

Over the last decade, China has become an important player in the global aid scene. Because of its growing economy and its increasing influence as a regional and global player, China has gained much attention worldwide. Significantly, the volume of official development assistance (ODA) fro...

Updated : 2014.09.21 19:08

[Park Sang-seek] Is trust-building between two Koreas possible?

When President Park Geun-hye in her Independence Day speech proposed South-North exchanges and cooperation in nonpolitical fields, the North Korean authorities retorted that without eradicating the po...

Updated : 2014.09.21 19:08

Looking through markets’ rose-tinted spectacles

This has been an unusual year for the global economy, characterized by a series of unanticipated economic, geopolitical, and market shifts ― and the final quarter is likely to be no different. How these shifts ultimately play out will have a major impact on the effectiveness of government...

Updated : 2014.09.21 19:08

[Daniel W. Drezner] The system is working

MEDFORD, MASSACHUSETTS ― As the latest G-20 meeting of finance ministers starts in Cairns, Australia, the Legion of Gloom is at it again. Their conventional wisdom is that “the system” ― global go...

Updated : 2014.09.19 21:02

[Editorial] Cost of lighting up

The health of Korean men is at great risk. So found a Korea Centers for Disease Control and Prevention report on the health and nutrition of Koreans in 2013 released earlier this week. The annual report found that about half of Korean men in their 30s and 40s smoke. With 42.1 percent of ad...

Updated : 2014.09.19 21:01

[Editorial] Rice market opening

Korea’s rice market will open fully to foreign imports starting next year, ending 20 years of rice import caps.On Thursday the government announced that it would seek a 513 percent tariff on rice imports as it fully liberalizes the rice market, explaining that the high tariff will protect...

Updated : 2014.09.19 21:01

How many can U.S. protect against persecution?

There is no question that Aminta Cifuentes’ marriage was not just bad but a threat to her life. Her husband beat her regularly. He burned her breast with caustic paint thinner. He raped her. When police were called, the officers refused to intervene; then, he threatened to kill her if she...

Updated : 2014.09.19 21:01

[Editorial] Global climate finance

President Park Geun-hye plans to attend a global climate summit in New York next Tuesday, a day before delivering a keynote speech at the U.N. General Assembly. During the conference that will bring together leaders from about 140 nations, Park will reaffirm Seoul’s pledge to take an acti...

Updated : 2014.09.18 21:16

[Editorial] Incheon Asiad

The 17th Asian Games kicks off in the western port city of Incheon on Friday for a 16-day run with the attendance of about 14,500 athletes and delegates from 45 countries throughout the continent.Incheon is the third South Korean city to host the quadrennial event ― after Seoul in 1986 an...

Updated : 2014.09.18 21:16

[Rachel Marsden] Has WWIII already begun?

While recently commemorating the World War I centenary at an Italian military cemetery, Pope Francis declared: “Even today, after the second failure of another world war, perhaps one can speak of a t...

Updated : 2014.09.18 21:15

Bad loans could bust China

The risk of what Nobel laureate Paul Krugman calls “Japanification” ― a semipermanent economic funk ― has haunted China for at least a couple of years now. Last week a Bank of America Merrill Lynch report again asked, “Will China Repeat Japan’s Experience?”Let’s dispense with the s...

Updated : 2014.09.18 21:15