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…

This is the ninth in a series of blogs looking at South Korea’s foreign relations for the new Korean administration. The series also includes blogs on relations with North Korea, China, the United States, Japan, the European Union, ASEAN, Africa, the Middle East, and Latin America.  By Jenna Gibson As a candidate and since he has taken office, Moon Jae-In has…

By William Brown Maybe not, given the still small use of cars in North Korea, but last week’s momentary doubling of prices at Pyongyang service stations, according to Daily NK reporting, on rumors China would cut off crude oil supplies in the event of a nuclear test, should have caught the attention of Kim Jong-un…

This is the sixth in a series of blogs looking at South Korea’s foreign relations in the run up to the next Korean administration taking office on May 10. The series also includes blogs on relations with North Korea, the United States, China, Japan, Russia, the European Union, ASEAN, Africa, and Latin America.  By Juho Choi The active relationship…

By Juni Kim May 2nd marked the last day for polls to be conducted before the South Korean presidential election on May 9th. With only four days remaining until the election and early voting already over, the odds are looking increasingly favorable for frontrunner Moon Jae-in despite a recent surge in the polls from conservative…