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 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…
January 11, 2012
By Ben Hancock South Korea made an appearance in this past Sunday’s New York Times list of 45 must-visit travel destinations for a surprising reason -- golf courses. No one could quibble with the fact that Korea has churned out more than its fair share of club-wielding pros (Pak Se-ri and K.J. Choi come quickly…
January 9, 2012
By Luke Herman Updated January 11, 2012. With the passing of Kim Jong-il, North Korea's leadership transition is being formally put into place. Here is a quick abridged graphic highlighting the leadership on the National Defense Commission and the State Party's Political Bureau and Central Military Commission. Below are links to expanded graphics for the…
January 5, 2012
By Nicholas Hamisevicz In Asia much of the pressure and focus from the transition in North Korea after Kim Jong Il’s death is now on China, its neighbor and chief benefactor. As a rising power that provides both economic and national security assistance North Korea needs to survive, China is in a difficult situation with…