Asia

Along with commercial banks, capital markets are an integral part of the financial systems in most capitalist economies, and their relative importance is constantly increasing. Countries around the world are…

Central banks have two responsibilities: (1) stabilize the value of the currency and (2) maintain public confidence in deposit money by limiting systemic risk. The first responsibility is primary, ongoing,…

In the unfolding process of the Korean financial crisis in 1997, an inefficient corporate bankruptcy system played a damaging role in the Korean economy. Before the crisis, in 1996 and…

Although Korea has seen its economic growth rates come down from the stratospheric heights of previous decades, it remains, by any advanced-country yardstick, a successful economic performer. Korea’s real GDP…

Despite being industrial powerhouses, Korea and Japan are both resource-poor nations with limited domestic sources of energy. Powering their economies required both to develop supply chains for fossil fuels, nuclear…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

By Greg Scarlatoiu Since the days of the great famine, for more than two decades, 30,000 North Koreans escaped and resettled in South Korea. Others have resettled in other countries, including 211 in the United States by the end of 2016. They have been the heroes of the movement. Their testimony has informed investigators and…

By Greg Scarlatoiu The crimes against humanity and other shocking human rights violations committed by North Korea’s Kim regime have received more attention after the February 2014 report of the UN Commission of Inquiry on human rights in the DPRK. In the 21st century, North Korea continues to be the only country on the face…

By Mark Tokola The story of Kim Jong-nam’s assassination took a bizarre turn with the announcement by Malaysian authorities that the cause of death was a banned chemical weapon, the nerve agent VX.  It is only supposed to be held in limited quantities by the United States and Russia. However, it has been reported that…

By Juni Kim The 2017 Oscars, the U.S. film industry’s top awards show, will take place in the heart of Hollywood this Sunday. Among the nominated films for Best Picture, the modern musical La La Land has emerged as the clear frontrunner with its unprecedented 7 Golden Globe awards and a record-tying 14 Oscar nominations.…