Category Archives: EU

How Post FTA Pricing Actually Works in Korea

FTAs trigger naive consumers to believe they can now afford once-considered exotic or luxury goods. Their increased mass purchasing eventually brings down prices – actually more than tariff reductions. Continue reading

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In SKorea, a mass market for luxury goods/ S Korea: Living it up in luxury

outh Koreans are less bashful than other Asians about flaunting their bling. Continue reading

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Does Europe Have a Korean Option?

A refreshing and somewhat surprising comparison definitely worth a read. Continue reading

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Crisis Grips North Korean Rice Bowl

The perennial North Korean question: when will all of this end? And more cynically stated, is aid better donated elsewhere? Continue reading

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Steve Jobs has died / Samsung Wants Courts 2 Nations to Bar iPhone

Steve Jobs, the co-founder of Apple, has died. Samsung continues to battle Apple. Continue reading

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EU FTA red tape keeps Korean wine market tied up

Perception, if not the reality, of cheaper wine will likely increase wine consumption. Continue reading

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What Can Korea Learn from Ireland?

Perhaps the powers that be could do better by emulating something that has proven to be successful. Continue reading

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Homeplus: Tesco’s Success Story on Entering the Korean Market

Tesco and other successful foreign companies in Korea are good counter examples to those who blame the local market. Continue reading

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Global Economic Downturn: A Crisis of Political Economy

What is particularly frightening is the absence of credible alternatives to these major crises. Continue reading

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Dynamics of Free Trade Agreements: Benefits and Strategic Considerations

Unique to South Korea is the idea of a free trade agreement with North Korea. Continue reading

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