Displaying all content tagged with the region Asia.
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Asia
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
Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…
May 25, 2011
President Donald Trump is off on his longest international trip yet, stopping in Japan, South Korea, China, Vietnam and the Philippines. There, he is expected to tackle a range of…
November 3, 2017
As a communist state, North Korea has promised to provide its people with basic services, including healthcare and medical treatment. However, particularly in recent years, the cash-strapped Kim regime has…
October 30, 2017
With North Korea becoming an increasingly dangerous threat to the U.S. and its allies, it can be all too easy to overlook North Korea’s origins and how its foreign policy…
October 13, 2017
Many of the news stories about North Korea that make their way into the Western media fall into one of two categories: 1) breaking news about provocations and the nuclear…
August 31, 2017
By Nicholas Hamisevicz Reassure, reaffirm, reengage, and rebalance are all going to be key words used during President Obama’s trip to Japan, South Korea, Malaysia, and the Philippines. This is a very important trip for President Obama. During this visit to Asia, President Obama has to try to make up for the cancellation of a…
April 23, 2014
By Clare Hubbard The official statement regarding President Obama’s April trip to Korea indicates that the main discussion points will be the ongoing implementation of the KORUS FTA, recent developments in North Korea, and reaffirming the U.S.-Korea alliance. However, one main reason for Obama’s trip to the peninsula is missing from the itinerary released by…
April 22, 2014
By Nicholas Hamisevicz The recent ruling by India’s Supreme Court requiring Samsung Electronics chairman Lee Kun-Hee to come to India to face criminal charges connected to the alleged failure of a Samsung subsidiary to pay one of its Indian suppliers is yet another example of how India continues to turn away potential Korean and international…
April 21, 2014
By Kristen Lee During the 1960’s under President Park Chung-hee’s economic stewardship, the founders of today’s chaebol facilitated South Korea’s recovery after the war. These huge family-led business conglomerates became the foundation of the Korean economy and an integral part of Korea’s export-oriented growth. This rapid economic development, known as the “Miracle on the Han…