Displaying all content tagged with the region Asia.
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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…
May 25, 2011
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,…
May 25, 2011
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…
May 25, 2011
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…
May 25, 2011
On this week’s episode, we welcome back Victoria Kim, a researcher and multimedia journalist. When she last joined us in 2016, Victoria discussed her project “Lost and Found in Uzbekistan:…
November 26, 2018
The Trump Administration is once again considering using Section 232 to impose tariffs on imported goods based on a threat to national security. The President originally used this provision to…
August 8, 2018
On August 1, the remains of what are believed to be 55 American servicemen lost during the Korean War finally returned home, arriving in Hawaii to begin the long process…
August 1, 2018
Ghosts and goblins are everywhere in Korean folktales, causing havoc for people through their antics. Equally common are the shamans who act as intermediaries, helping offer solutions to life's supernatural…
July 5, 2018
By Kyle Ferrier North Korean provocations are generally accepted to have a minimal impact on South Korea’s economy, yet in early 2016 these geopolitical risks have corresponded with losses in Seoul. South Korea’s stock exchanges, tracked by the KOSPI Index, closed 0.26% lower on January 6, the day of the claimed hydrogen bomb test, but…
February 17, 2016
By Jenna Gibson Before getting into the list, please keep a few things in mind. First, the term “North Korean defectors” is a controversial one. In Korean, various terms have been used to refer to people who left North Korea, reflecting both politics and the shifting demographics of those fleeing. In 2005, South Korea’s Ministry…
February 16, 2016
By Junil Kim Known equally for inducing both sighs and groans from hopeful and jaded people worldwide, Valentine’s Day is just around the corner on February 14th. If the mere thought of Valentine’s Day is more headache-inducing than swoon-worthy, you could consider the wider array of South Korea’s romantically themed holidays. It doesn’t take an…
February 12, 2016
By Mark Tokola Make no mistake, South Korea’s shuttering of the Kaesong Industrial Complex (KIC) which it had operated just across the border in North Korea since 2004 is a big deal. Far from being a commercial venture of marginal overall economic importance to the two countries, it has been a powerful symbol that no…