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 Troy Stangarone After three months of deliberations, the Constitutional Court has unanimously accepted the National Assembly’s impeachment of President Park Geun-hye. Since the scandal surrounding President Park and her confidant Choi Soon-sil first broke last fall, South Korea has gone through an extended political crisis. Protesters have gone to the streets in record numbers…

By Jaeho Jeon More and more Koreans are saying that they don’t trust Korean companies. The anti-corporate sentiment has existed in the past, but it is spreading more rapidly after the ‘Choi Soon-sil scandal.’ According to a survey by Edelman, a communications marketing firm, last month only 29 percent of Koreans said they trust corporations.…

By Troy Stangarone Shortly after China decided to suspend imports of North Korean coal for the remainder of 2017, North Korea made its feelings know. It said that a country that claims to be a friend is taking steps that support North Korea’s enemies and while “styling itself a big power,” is actually “dancing to…

By Jennifer Cho and Patrick Niceforo South Korea finished second overall with 50 medals at the 2017 Asian Winter Games in Sapporo and Obihiro, Japan. In 2018, South Korea will host the Winter Olympics in Pyeongchang and, according to Gracenote’s sports data, is predicted to place 8th overall with 10 medals. Below, find our list…