Displaying all content tagged with the region Asia.
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Asia
Rapid economic development lifted Korea’s per capita income from 15 percent of the U.S. level in 1970 to approximately half by 2005. Growth has been based primarily on inputs of…
May 25, 2011
The insatiable appetites of banks, insurance companies, pensions, endowments, and high-net-worth individuals make enormous capital possible for private equity funds. The private equity market has become an important source of…
May 25, 2011
The importance of having an efficient labor market is growing because of recent trends such as globalization, the development of information-communication technology (ICT), and the increasing need for foreign direct…
May 25, 2011
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…
May 25, 2011
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…
February 22, 2019
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…
February 15, 2019
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…
February 8, 2019
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…
February 1, 2019
On March 9, South Korean voters will select their next president for a five-year term. The South Korean constitution limits presidents to a single term, so there is no incumbent in the race. The presidential campaign is a contest between Lee Jae-myung, candidate of the progressive Democratic Party of current president Moon Jae-in, and Yoon…
January 20, 2022
What Happened: In January 2022, Indonesia announced a ban on coal exports. Indonesian coal accounts for 20% of Seoul’s total coal imports. In response, the South Korean government urged the Indonesian government to remove the ban on coal exports. Despite these actions, the South Korean government officially stated that Indonesia’s ban on coal exports would…
January 17, 2022
What Happened: The ruling party’s presidential candidate Lee Jae-myung announced his plan to raise income per capita to USD 50,000, elevate the country’s hard power, and reach KOSPI stock index of 5,000. Polling two days after this speech showed that Lee led the race with 36 percent against his main opponent’s 26 percent. According to…
January 17, 2022
Who will shape the digital market evolution? You might assume that it is the tech-savvy youths. But Korea shows that the “yold” generation (the young-old, born between 1946 and 1964) has much more to offer to the digital transformation than people presume. Likely to retire around 2025, this cohort will have disposable income worth around USD…