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…

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,…

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…

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…

This interview originally aired in 2014.  With the retirement by Yi So-yeon, South Korea’s remaining astronaut, many have turned attention to Korea, wondering whether there is a future for its…

In this episode, we spoke with Kevin O'Donnell, who, after decades on a private sector career path, became the first-ever Peace Corps country director for South Korea, followed by a…

As North Korea's largest trading partner and political ally, China is a crucial factor in any potential solution to curb North Korea's weapons programs. President Trump expressed hope earlier this year…

In December 1950, while fighting the advancing Chinese army and bitter Korean winter, Colonel Edward Forney and other American and Korean officers managed to evacuate all troops as well as…

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,…

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…

One of the most exciting corporate drama in recent memory has unfolded in South Korea’s business world, complete with a founder accused of siphoning money, activist shareholders making waves, intra-family drama, and industry titans battling for pole position. Best of all, it involves SM Entertainment (SME), the production company  widely credited with the creation of…

This piece is one of 12 contributions to KEI’s special project on South Korea’s nuclear armament debate that will run on The Peninsula blog over the next month. The project’s contributors include young, emerging, and mid-career voices, examining the debate from a historical, a domestic, and an international perspective. On Wednesday, March 15, KEI will host…