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 all the attention around the upcoming second summit between Donald Trump and Kim Jong-un, we in the United States still know very little about North Korea, its people, and…

As we approach the second US-DPRK Summit, the media in the United States is so focused on the dynamics between President Trump and Kim Jong-un that the interests and motivations…

When people talk about South Korea’s foreign policy, they are more often than not focused on how Seoul engages with its immediate neighbors on denuclearization. However, as a global trading…

Amid the maelstrom of the drama around diplomacy with North Korean, it’s easy to forget that South Korea and the United States are engaged in a fairly serious trade dispute…

By Troy Stangarone After months of protests across South Korea that culminated in the impeachment of President Park Geun-hye, South Koreans will go to the polls on May 9 to select her successor. Regardless of which candidate wins the election, the upcoming presidency may be the most significant for South Korea since the transition to…

By Juni Kim With the South Korean presidential election a little over a week away, frontrunner Moon Jae-in has maintained his lead while his closest competitor Ahn Cheol-soo continues to fall in the polls. Ahn, who nearly matched Moon’s polling numbers in early April after a surge in support, has dropped off considerably in the…

This is the second in a series of blogs looking at South Korea's foreign relations in the run up to the next Korean administration taking office on May 10. The series also includes blogs on relations with North Korea, the United States, China, Japan, the European Union, Russia, the Middle East, Latin America, and Africa. By Patrick Niceforo…

By Juni Kim The start of the South Korean general election campaign on April 17th marked the final stretch of the shortened election season. With absentee voting set to start this week, voters have until Election Day on May 9th to make their final decisions and fill the presidential vacancy created by the impeachment of…