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Asia

Displaying all content tagged with the region Asia.
1984 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

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…

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Region: Asia

May 26, 2017

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…

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Region: Asia

May 10, 2017

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…

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Region: Asia

May 4, 2017

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…

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Region: Asia

April 24, 2017

What Happened In 2011, the South Korean government made an anti-online gaming law dubbed the “shutdown law” or the “Cinderella law” that blocks those under the age of 16 from accessing games after midnight in an effort to curb game addiction among adolescents. This year, teens blocked from buying the popular computer game Minecraft petitioned the presidential office to…

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Region: Asia

September 3, 2021

After the first U.S-North Korea summit held in Singapore in 2018, President Donald Trump and Chairman Kim Jong-un vowed to “establish new U.S.–DPRK relations in accordance with the desire of the peoples of the two countries for peace and prosperity.” Although an end of war declaration has been identified as one way for both sides…

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Region: Asia

September 2, 2021

In the summer of 2017 Rex Tillerson, during his tenure as Secretary of State for the first 13 months of the Trump administration, authorized a “Geographical Travel Restriction” prohibiting U.S. citizens from traveling “into, through or in North Korea.”  The travel prohibition became effective on September 1, 2017, and it was valid for one year. …

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Region: Asia

September 1, 2021

What Happened Last year, President Moon Jae-in announced the Youth Hope Package Assistance, an approximately USD 17 billion-budget project to address the youth’s economic challenges. The package includes a recently-announced college tuition assistance plan to support families with multiple children. The new policy comes as a growing number of people struggle with the high cost of housing and childcare in Korea.…

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Region: Asia

August 31, 2021