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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

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…

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Region: Asia

August 28, 2017

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…

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Region: Asia

August 17, 2017

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…

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Region: Asia

July 28, 2017

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…

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Region: Asia

July 14, 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