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Opinion

Guest Column

Mon, August 26, 2019 | 03:12

Why policymakers should fear Libra

Facebook's new global digital currency, Libra, which the company plans to launch as early as 2020, could transform the world. But no one - including the founders of this ambitious economic engineering project - can fully anticipate the currency's possible ramifications. And monetary policymakers should be especially worried, because they may find it much harder to control une...

2019-07-11 16:59

A failed coup attempt and the triumph of democracy

Democracy is the keystone of modern societies. This system has stood the test of time as the most effective method of organizing society. However, democracies are also fragile and unstable unless they are supported by strong pillars or institutions. As a matter of fact, throughout decades, many aspiring democracies, such as Turkey and Korea, have experienced the interference ...

2019-07-11 14:10

Tengger sings the sky without boundaries

Single or married, all of us can dare to dream. But it's a different story when you have children. As soon as a baby is born, too many people give up their own dreams and set their minds on raising children and surviving the everyday routine.

2019-07-11 10:05

State violence in Venezuela

In a stunningly stark report on the political and economic conditions in Venezuela, the U.N.'s Human Rights chief Michelle Bachelet, outlined a troubling litany of continuing human rights abuses, extrajudicial killings, and economic privations characterizing the besieged Latin American country.

2019-07-10 18:01

Power and interdependence in the Trump era

U.S. President Donald Trump has been accused of weaponizing economic globalization. Sanctions, tariffs, and the restriction of access to dollars have been major instruments of his foreign policy, and he has been unconstrained by allies, institutions, or rules in using them.

2019-07-10 17:33

The Korean conundrum seen from the Indian prism (2)

The very next day at the DMZ, Kim invited Trump to take a few symbolic steps into his country. They held an informal conversation, so that needless expectations were not aroused. Trump also invited Kim to Washington for the third formal summit. By any yardstick, it was an astute move by the protagonists. Kim’s image among his people was burnished. Moon added another feather t...

2019-07-10 09:24

The Korean conundrum seen from the Indian prism (1)

Can multilateralism survive China-US rivalry?

The strategic rivalry between the United States and China poses a sharp challenge to international organizations, which are now at risk of becoming mere pawns of either power. Whether multilateral institutions can retain a role in facilitating desperately needed international cooperation remains to be seen.

2019-07-09 17:46

The Korean conundrum seen from the Indian prism (1)

The South Korean polity is divided on President Moon Jae-in’s salutary initiative to forge a detente in the Korean Peninsula, by goading Washington and Pyongyang into finding a modus vivendi. However, the international stock of Mr. Moon could not be higher.

2019-07-09 09:40

The Korean conundrum seen from the Indian prism (2)

Trump's lose-lose Iran strategy

One can only guess what U.S. President Donald Trump hopes to achieve in Iran. Does he have designs on a “better” nuclear treaty than the 2015 deal from which he withdrew the United States? Are he and his advisers assuming that if they pile up enough demands, the regime will be forced to submit, or even abdicate? Or are they setting the stage for an attempt at regime change th...

2019-07-08 17:31

Missionary reflections

When I first arrived in Korea in 1975 as a young, 19-year-old missionary, I knew I had all the answers. The rather conservative church of my youth prided itself on having all the right answers to all the right questions. I learned it all very well.

2019-07-07 17:45

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