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Daily news updates provided by Joongang Daily
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May 22, 2013
- Long-term solutions for the needy
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Once associated with simple acts of charity, cooperate social responsibility (CSR) has evolved to embrace philanthropy. Although both notions involve voluntary contributions, in a CSR context, they are very different. Whereas charity is as an expression of altruism, philanthropy possesses organi...
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May 22, 2013
- Under Abe, Japan Inc. stuck in the past
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Sony’s curt dismissal of a foreigner’s advice last week didn’t shock Michael Woodford, former chief executive officer of Olympus. “The club, meaning corporate Japan, will do everything it can to mask and hide what’s wrong. That’s what’s most important,” said Woodford, a Briton who was f...
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May 22, 2013
- Revamping Korean tourism
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Korea has become a hot tourism destination for foreigners, largely thanks to Hallyu fever across the globe, and more specifically, to the remarkable economic growth of China and Southeast Asian countries. With the number of foreign visitors reaching a whopping 10-million-a-year basis, tourism h...
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May 22, 2013
- A role model for bureaucrats
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People are thinking about how a president can best use a country’s citizens now that Nam Duck-woo, the prime minister and finance minister in the 1970s under President Park Chung Hee, has passed away. During Park’s 18-year rule, Nam served 10 years as finance minister, deputy prime minister ...
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May 21, 2013
- Abe tempts God’s vengeance
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God often borrows the hand of a human to punish the evil deeds of men. The cruelest form of punishment would be a full-scale air strike against crimes against humanity. We all remember some of the most devastating raids in history. In February 1945, as World War II was nearing its end, Dresden w...
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May 21, 2013
- Learning from austerity
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In a recent set of studies, Carmen Reinhart and Kenneth Rogoff used a vast array of historical data to show that the accumulation of high levels of public (and private) debt relative to GDP has an extended negative effect on growth. The size of the effect incited debate about errors in their cal...
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May 21, 2013
- Tokyo’s unceasing sophistry
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Japanese Prime Minister Shinzo Abe seems to have crossed the point of no return. In an interview with Foreign Affairs, he compared visiting the Yasukuni Shrine to visiting Arlington National Cemetery in Virginia. “Japanese who pay their respects at Yasukuni is the same as Americans who pay trib...
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May 21, 2013
- Tame crazy conspiracy-mongering
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A renewed conspiracy theory about North Korea’s involvement in the May 18 popular uprising and massacre in Gwangju 33 years ago is roiling the society. The theory is quickly gaining ground through testimonies by unidentifiable North Korean defectors on the media and Internet. They claim the Nor...
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May 20, 2013
- A new deal for fragile states
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PARIS - Today, roughly one-quarter of the world’s population lives in conflict-affected and fragile states. Despite vast sums of money spent aiding such states over the last 50 years, armed conflict and violence continue to blight the lives of millions of people around the world. International...
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May 20, 2013
- Remember Korean War heroes
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My relatives all gathered together at a recent family wedding. Brothers and sisters of my in-laws, who are from Hamhung, South Hamgyong Province in North Korea, also joined. The generation of their parents, who took their children and boarded a ship to evacuate from Hungnam city in December 195...
