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…

In this special episode of Korean Kontext, KEI's Juni Kim sat down with three North Korean defectors who have settled in South Korea. Each of them has a different story…

On May 10, former human rights lawyer Moon Jae-In officially became the next president of South Korea, filling an office that had been empty since former President Park Geun-Hye's impeachment…

The upcoming presidential election in Korea on May 9th will place many key issues under the microscope. One meriting serious consideration that has featured less prominently in the political discourse…

After the closure of the Kaesong Industrial Complex last year, economic ties between North and South Korea have all but ceased. And as sanctions measures continue to tighten, the international…

By Patrick Niceforo According to the International Institute for Democracy and Electoral Assistance, South Korea’s 19th presidential election last May had a voter turnout of 77.9 percent, the highest it has been since 1997. This election was unique given that it took place following the impeachment of President Park Geun-hye. Accused of corruption, Park Geun-hye is…

This is the fourth in a series of six blogs looking at a nuclear crisis at North Korea’s Yongbyon nuclear facility. Other pieces will look at the prospective issues of a nuclear crisis in North Korea from the perspective of North Korea, Russia, Japan, South Korea and the United States. By Yun Sun Although information on the…

By Kyle Ferrier China’s punitive economic measures against South Korea over THAAD may have shrouded Beijing-Seoul relations in uncertainty, yet they highlight Korea’s economic dependence on China. Throughout the extensive media coverage of impacted Korean companies as well as the regional geopolitical implications, particularly as they relate to the North Korean problem, is a common…

This is the third in a series of six blogs looking at a nuclear crisis at North Korea’s Yongbyon nuclear facility. Other pieces will look at the prospective issues of a nuclear crisis in North Korea from the perspective of North Korea, Russia, China, South Korea, and the United States. By James L. Schoff Containment…