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
The OECD’s March Interim Economic Outlook projects that Korea’s real GDP will increase by 1.6% in 2023, matching the Bank of Korea’s February forecast. The new projection is a slight downward revision from the OECD’s November 2022 outlook in the context of below-trend global economic growth. The impact of the war in Ukraine and high…
March 31, 2023
The Tokyo summit that brought together South Korean President Yoon Suk-yeol and Japanese Prime Minister Fumio Kishida on 23 March 2023 successfully cleared away much of the accumulated debris of the last five years of dysfunctionality. The two-day official visit — the first by a South Korean president in a dozen years — checked off…
March 28, 2023
I’m currently completing a book on North Korea watchers - the community of scholars, analysts, government officers, NGO advocates and journalists who, for one reason or another, commit a portion of their lives to watching North Korea. After twenty-five years in government, academia and consultancy, with much of my time working on Korean Peninsula affairs,…
March 24, 2023
Elizabeth Salmón, the recently-appointed UN Special Rapporteur on the situation of human rights in the People’s Democratic Republic of Korea, submitted her first report to the UN Human Rights Council on March 9. The report is set to be discussed on March 20 as part of the Council’s broad human rights agenda in Geneva from…