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 Jenna Gibson Life in North Korea is largely unknown to much of the outside world. The following five documentaries provide insight into the lives of North Koreans and the challenges faced by those who try to escape. 1. Under the Sun (Available on Netflix) This is Pyongyang, presented virtually without comment.  By Russian documentarian…

By Gwanghyun Pyun After the assassination of Kim Jong-un’s half-brother, Kim Jong-nam, there have been increasingly active calls to reinstate North Korea to the U.S. government’s list of State Sponsors of Terrorism. Congressman Ted Poe introduced a bill last month that would put North Korea back on the list, and Ted Yoho (R-FL), the chairman…

By Juni Kim On March 10th, the South Korean Constitutional Court upheld the National Assembly’s vote to impeach President Park Geun-hye, which triggered the election process for South Korea’s next president. With May 9th selected as the new election date, South Korea’s political parties and candidates will embark on a feverish race over the coming…

KEI Communications Director Jenna Gibson, host of the KEI podcast Korean Kontext, recently interviewed Yun Sun, Senior Associate with the East Asia Program at the Stimson Center,  about the Chinese perspective on the THAAD missile defense system.  The following is a partial transcript of that conversation. The rest of the episode can be found here.  Jenna Gibson:…