Articles by Yu Kun-ha
Yu Kun-ha
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[EDITORIAL] Gaming culture
[THE INVESTOR] The Korean Ministry of Culture, Sports and Tourism has come up with a new set of measures to promote Korea’s slumping game industry.Dubbed “A Five-Year Plan to Enhance the Gaming Culture,” the new measures focus more on creating a healthy gaming culture than supporting game developers. The policy shift is based on the realization that the game industry cannot prosper unless people’s negative perceptions toward online games change.The government’s policy toward the game industry ha
July 25, 2016
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[Editorial] Agenda for 2014
Last year was a tough one for President Park Geun-hye. The top priority for the nation’s first female president in her first year in office was to revitalize the sagging economy to improve people’s lives. But her performance on these fronts was less than impressive.Economic growth in 2013 is estimated at 2.8 percent, higher than 2 percent in 2012 but still much lower than the nation’s potential growth rate of around 4 percent. The government managed to prevent the economy from getting stuck in a
Editorial Dec. 30, 2013
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[Kishore Mahbubani] How to prevent China-Japan war
China and Japan, Asia’s two most powerful nations, are increasingly jousting in the skies and in the seas near a set of disputed islands. Although their economies remain deeply intertwined, relations between the two governments seem locked in an irreversible, dangerous downward spiral.Japanese Prime Minister Shinzo Abe further embittered feelings last week by visiting the controversial Yasukuni shrine, which honors the souls of Japan’s war dead, including 14 World War II leaders convicted as Cla
Viewpoints Dec. 30, 2013
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Do-Nothing Congress II: It’s not a compliment
It’s official: The Republican-controlled House and the Democrat-controlled Senate agreed on so few issues this year, Congress is on pace to pass the fewest bills in a two-year term since World War II. Pundits have compared the current occupants of Capitol Hill unfavorably to the infamous “Do-Nothing Congress” of 1947-48, which was a dynamo in comparison. Lawmakers passed 1,729 bills in that two-year term, compared to 58 in the first year of this one. Unless something changes dramatically in the
Viewpoints Dec. 30, 2013
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Thailand’s silent coup
BANGKOK ― Thailand is once again being convulsed by extreme partisan politics, with the country’s polarization playing out on Bangkok’s streets. Several people have been killed, and many more have been injured. The sense that Thailand has been through all of this before would be mildly reassuring were it not for a nagging fear that this decent and prosperous society may be set to destroy its democracy.Much of the violence has been led by Suthep Thaugsuban, a former deputy prime minister. He has
Viewpoints Dec. 30, 2013
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Free, online course on sustainable development
NEW YORK ― A half-century ago, John F. Kennedy observed that, “man holds in his mortal hands the power to abolish all forms of human poverty and all forms of human life.” Those words speak to us today with special urgency.Our generation can indeed end the ancient scourge of extreme poverty. Yet it can also destroy the earth’s life-support system through human-induced environmental devastation.By necessity, then, we have entered The Age of Sustainable Development. So I am enormously excited to be
Viewpoints Dec. 30, 2013
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[Cass R. Sunstein] How to test charity effectiveness
Americans are a generous people, contributing about $300 billion to charity each year. But when we make out a check to a charity, how do we know that the recipients are actually getting help? How do we know that our dollars are doing what we want them to do?Remarkably, we often lack good answers. Fortunately, we are starting to get them. Before long, the answers are likely to make our contributions a lot more effective. They might well end up revolutionizing the charitable sector.In “Moneyball,”
Viewpoints Dec. 29, 2013
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[Jeffrey Frankel] Fischer, the Fed and U.S. growth
CAMBRIDGE ― Now that Janet Yellen is to be chair of the U.S. Federal Reserve Board, attention has turned to the candidate to succeed her as vice chair. Stanley Fischer would be the perfect choice, given his unique combination of skills, qualities, and experience.During his academic career, Fischer was one of the most accomplished scholars of monetary economics. He then served as chief economist of the World Bank, first deputy managing director at the International Monetary Fund, and, most recent
Viewpoints Dec. 29, 2013
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A currency war between U.S., world
South Korea’s monthly exports crossed the $50 billion mark for the first time in October. Solid demand from the developed world was what drove the country’s performance. Korea has also run a current account surplus for 19 straight months. The country’s foreign-exchange reserves increased to $343.2 billion in October, pushing it into seventh place globally. The recovery in Korea’s economy is looking more stable, and Korea should be commended for this. Such a brilliant achievement, however, may no
Viewpoints Dec. 29, 2013
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Five lessons of 2013, guaranteed to be forgotten
It’s that time of year when journalists let their creativity run rampant to produce 10-Best and 10-Worst lists, revisit the year’s biggest whoppers (look no further than the Oval Office), and offer prognostications for the coming year. With that in mind, I’ve gleaned the five most important lessons from 2013, which are all but guaranteed to be forgotten next year.No. 1. Beware political pronouncements posing as economic forecasts.Before, during and after the federal government shutdown in Octobe
Viewpoints Dec. 29, 2013
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[Robert B. Reich] Inequality widening in U.S.
It’s the season to show concern for the less fortunate among us. We should also be concerned about the widening gap between the most fortunate and everyone else.Although it’s still possible to win the lottery (your chance of winning $648 million in the recent Mega Millions sweepstakes was one in 259 million), the biggest lottery of all is what family we’re born into. Our chances in life are now determined to an unprecedented degree by the wealth of our parents.That’s not always been the case. Th
Viewpoints Dec. 27, 2013
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Superpowers making strategic moves in Africa
By the looks of it, U.S. President Barack Obama may be close to joining the French in taking on the Chinese ― in Africa.According to my sources in the French government, Obama made it clear to both British and French leadership at the onset of his presidency that he was going to leave it to them to protect unstable African countries while he focused on Sino-American relations. Perhaps Obama realizes that Africa is just an extension of China’s backyard.In a letter to Congress, Obama wrote, “I may
Viewpoints Dec. 27, 2013
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[Hans-Werner Sinn] Measures to rescue Europe
MUNICH ― The European Union has earned its place as an instrument for peace in Europe. Free trade has brought prosperity to its peoples, and the freedom to choose a place of residence guards against the resurgence of totalitarian regimes. The Acquis Communautaire protects all member states’ citizens under the rule of law. Anyone who doubts the existence of these benefits need only look to Kiev’s “Euromaidan,” where hundreds of thousands of people have been gathered for weeks to demonstrate their
Viewpoints Dec. 26, 2013
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[Ching Cheong] Jang Song-thaek’s execution bodes ill for China
The execution of Jang Song-thaek, the No. 2 man in North Korea, took Beijing by surprise and will adversely affect bilateral relations.Beijing’s displeasure is expressed through the publication of a detailed account of Jang’s brutal execution in Wen Wei Po, its official mouthpiece, in Hong Kong, on Dec. 12.According to the report, unlike previous executions of political prisoners which were carried out by firing squads with machine guns, Jang was stripped naked and thrown into a cage, along with
Viewpoints Dec. 26, 2013
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India’s ‘Modi wave’ may lose momentum
As India prepares for national elections in May, what is being called the “Modi wave” seems almost unstoppable. Since naming Narendra Modi ― the controversial chief minister of the state of Gujarat ― as its prime ministerial candidate, the opposition Bharatiya Janata Party has consistently topped opinion polls. Modi’s BJP decimated the ruling Congress Party in recent state elections ― a harbinger, many now believe, of the national outcome.Before they start measuring drapes in Delhi ministries, h
Viewpoints Dec. 26, 2013
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Border tensions heighten as North Korea builds up drone incursion claims
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South Korean military has ‘nothing to confirm’ on North Korea preparing border artillery corps to shoot
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Teacher suicides averaging 20 per year: data
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Korean chipmakers should not repeat mistakes of Toshiba, Intel: ex-ministers
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'8 out of 10 foreign students willing to work in Korea'
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North Korea exploding inter-Korean roads ‘symbolic move’: JCS
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Nobel Prize sparks policies aimed at revitalizing publishing industry
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[From the Scene] S. Korea, Philippines deepen cooperation in water
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Pressured by fans, troubled singer Seunghan leaves Riize for good
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[Today’s K-pop] BTS’ Jin to drop solo album next month: report