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
Now that Trump has met Kim, and with the Singapore Summit laying out the beginning of a path to denuclearization, analysts are still trying to figure out if Kim Jong…
June 22, 2018
South Korea's government has increased its focus on different forms of diplomacy in recent years, from the more traditional government-to-government outreach of the Moon Administration's North Korea policy to a…
June 19, 2018
With the world's attention on Singapore on June 12, U.S. President Donald Trump and North Korean Leader Kim Jong Un walked across a stage flanked by American and North Korean…
June 13, 2018
With U.S. President Donald Trump and North Korean Leader Kim Jong Un headed to Singapore next week for the first ever U.S.-DPRK summit, people around the world are watching to…
June 6, 2018
By Yu, Byoung-gyu The sudden death of North Korean leader Kim Jong-il has increased uncertainty regarding the future of inter-Korean economic cooperation. The prospects for economic cooperation between the two Koreas can be considered from both short term and a medium to longer term perspectives. In the short term, deadlock on economic cooperation will likely…
January 27, 2012
By Nicholas Hamisevicz 2012 is a year of elections and leadership transitions in Asia. Taiwan was set to have the honor of kicking things off, but the death of Kim Jong-il in late December placed much of the early year’s attention on only the second transition in North Korea. In Taiwan, Democratic Progressive Party (DPP)…
January 17, 2012
By Greg Scarlatoiu North Korea recently announced a special amnesty to prisoners, the first in over six years, to be issued beginning on February 1, in observance of Kim Jong-il’s birthday on February 16 and in anticipation of the 100th anniversary of the birth of Kim Il-sung. The announcement came only two days after the…
January 16, 2012
By Nicholas Hamisevicz, Sarah K. Yun, Chad O'Carroll, and Troy Stangarone Last year saw significant changes on the Korean peninsula. While 2011 ended with the surprise death of Kim Jong-il and the beginning of succession to Kim Jong-un, last year also saw Korea become one of only nine nations to surpass $1 trillion in total…