1984 Posts located
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 William Brown Any hopes that last spring’s “toughest ever” UN Security Council sanctions would cripple North Korea’s economy are likely to be dashed by recently released Chinese customs data. An August surge in Chinese exports to North Korea, up 41 percent from a low point a year ago, and a 16 percent boost in…
By Maria Rosaria Coduti On September 9, the day of the anniversary of the founding of the Democratic People’s Republic of Korea (DPRK, or North Korea) by Kim Il Sung, Pyongyang conducted its fifth underground nuclear test at the site of Punggye-ri, in the Northeastern region of the country. The U.S. Geological Survey (USGS) detected…
By Phil Eskeland Last night’s debate between former Secretary of State Hillary Clinton and businessman Donald Trump highlights trade as a top tier political issue in the upcoming U.S. presidential election. In past general election presidential debates, trade was barely mentioned. This time, trade was front and center. With recent polling showing more Americans, particularly…
By Christopher Hurst As the residents of Gyeongju began cleaning up the damage caused by two powerful earthquakes earlier this month, a 4.5 magnitude aftershock struck on September 19. The tremors began on September 12 at 7:44 pm local time, when a 5.1 magnitude earthquake jolted Gyeongju. Less than an hour later there was a…