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Asia

Displaying all content tagged with the region Asia.
2004 Posts located

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…

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Region: Asia

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,…

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Region: Asia

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…

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Region: Asia

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…

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Region: Asia

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…

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Region: Asia
Topic: Inter-Korean

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…

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Region: Asia

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…

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Region: Asia

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…

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Region: Asia

August 31, 2017

With the help of social media and internationally popular Korean shows, global interest in Korean skincare and makeup products (collectively referred to as K-beauty) has increased exponentially in the past decade. Today, K-beauty products are readily available to American customers at chain stores like CVS and Sephora. This market transition was not coincidental: it was strongly supported…

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Region: Asia

August 5, 2021

On July 27, the Korea Central News Agency (KCNA) announced that “the top leaders of the north and the south agreed to make a big stride in recovering the mutual trust and promoting reconciliation by restoring the cutoff inter-Korean communication liaison lines through the recent several exchanges of personal letters.”  The hotline was restored at…

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Region: Asia

August 4, 2021

The March death of Byun Hee-soo, a former soldier, underscores the challenges faced by LGBT Koreans. She had been forced out of the military because she underwent gender reassignment surgery. Legal protections for LGBT people are weak in South Korea, and they face significant social and political obstacles. Although the Biden administration has signaled its…

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Region: Asia

August 3, 2021

What Happened Last September, Google sought to force all apps downloaded from Google Play Store to use its billing system. Mounting criticism from app developers prompted Google to lower its commission rate for its billing system from 30% to 15% for app developers whose annual sales amount to less than USD 1 million. Recently, Democratic Party (DP) lawmakers pushed ahead with…

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Region: Asia

August 2, 2021