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
Spanning nearly a century and multiple generations, Min Jin Lee's 2017 novel Pachinko tells the story of a Korean family struggling to find their place in Japan before, during, and after…
January 22, 2018
A woman in hanbok joyfully rises above Mt. Baekdu, arms raised, in a art piece entitled Umma Rises: Towards Global Peace. This is just one of many recent art pieces…
January 11, 2018
A group of women gossiping about the new neighbor. A feisty middle schooler using a homemade drone to prank his classmates. A young military officer seeking information from his past.…
December 11, 2017
With President Donald Trump finishing up his first official trip to Asia, including a stop in South Korea last week, this week's episode of Korean Kontext asks: what do South…
November 13, 2017
By Nicholas Hamisevicz We now know that the “modest progress” after the U.S’s first meeting with North Korea after the death of Kim Jong-il actually meant that a deal regarding food aid, missile launches, and nuclear tests would be forthcoming. The statement on U.S.-DPRK discussions released today by the U.S. Department of State entails an…
February 29, 2012
By Sarah K. Yun At the recent talks between North Korea and the United States in Beijing, U.S. Special Representative for North Korea Policy, Glyn Davies, once again stressed the importance of restored inter-Korea relations in order to resume the Six-Party Talks to Kim Gye Gwan, North Korea’s First Vice Minister of Foreign Affairs. Although…
February 28, 2012
By Ben Hancock In the face of budget cuts, the education offices of South Korea’s two most populous regions announced in the second half of last year plans to reduce their roster of native English-speaking teachers in coming years. While the scale of the cutbacks in Seoul and the surrounding Gyeonggi Province is still unclear,…
February 21, 2012
By Chad 0Carroll The death Kim Jong-il has rekindled debates about the prospects for Korean unification following a period of relatively little public discussion on the matter in South Korean circles. As a result of the difficulties that Kim Jong-un is anticipated to encounter in cementing his hold on power in coming months, some analysts…