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 Nicholas Hamisevicz In May, much of the attention toward the Korean peninsula was drawn toward the northern part as North Korea held its first Party Congress in thirty-six years. While looking for possible changes to emerge from the Kim Jong-un regime, the stalemate in inter-Korean relations continues. North Korea did offer talks, but South…

With the Democratic and Republican presumptive nominees now identified, here is our comprehensive list of what the two candidates have said about the Korean peninsula since the beginning of the race. Hillary Clinton June 2, 2016 – “Take the threat posed by North Korea – perhaps the most repressive regime on the planet, run by…

By William Brown China’s Customs Bureau on Tuesday released its global trade report for April that includes details of the country’s trade with North Korea[i].  Some initial impact from UNSC sanctions may be observed, although seasonal changes tend to obscure the picture.  Overall trade with North Korea was down about ten percent in April, from…

By Troy Stangarone At North Korea’s recent Party Congress, Kim Jong-un laid out a five-year plan to boost economic growth in North Korea. As part of his plan, Kim Jong-un raised the need to address North Korea’s chronic energy shortage by increasing North Korea’s energy production, including the production of nuclear power. While addressing the…