2002 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 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 On May 2, Korea and China announced that they would begin talks on a bilateral free trade agreement. In many ways, this is a significant step in bilateral relations between Korea and China. The two countries only formally established relations in 1992, and in two short decades the relationship has blossomed on…
By Caryn Fisher The ongoing trial of Anders Behring Breivik, the alleged mass killer from Norway who is undergoing trial for the murder of 77 people, reopens the concept of a link between violent video games and acts of violence in real life. During his trial, Breivik stated that he used the game “Call of…
By Chad 0Carroll North Korea continues to ratchet up its belligerent rhetoric against South Korea, this week threatening to destroy a range of South Korean targets including the Blue House and the offices of various (and named) conservative newspapers and television stations. Rather spectacularly, DPRK state media claimed its military would “reduce all the rat-like…
By Troy Stangarone Nutritional aid might not be the only cost of North Korea’s recent failed satellite launch. Only a few months prior to Kim Jong-il’s death there had been significant discussion of building a pipeline to transmit Russian gas through North Korea to the South. North Korea had indicated that it would be willing…