1980 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…
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 episode of Korean Kontext, guest host Kyle Ferrier, KEI's director of academic affairs and research, sits down with Korea Society President Tom Byrne. Before joining the Korea Society…
Ever since Myanmar's political and economic opening several years ago, countries have been looking to get in on the ground floor to build ties with this emerging economy in Southeast…
Ever since last summer, when South Korea and the United States announced they would be deploying the Terminal High Altitude Area Defense (THAAD) missile defense system to the peninsula, China…
Much has been discussed about the power of outside information to open the eyes of the North Korean people and convince them of the truth about the outside world. Some…
By Chad 0Carroll Last week the hosts of the world’s most popular political podcast, Naneun Ggomsuda, spoke to a packed audience in Washington DC as part of a tour that also took them to Boston, New York City, San Francisco, and Los Angeles. Focusing primarily on the satire of domestic South Korean politics, worldwide demand…
By Nicholas Hamisevicz U.S. Secretary of State Hillary Clinton made a historic visit to Burma last week to assess some of the reforms undertaken by the regime. During her trip, she rightfully insisted that one of the changes the Burmese government must enact is to end its illicit activities with North Korea. Korea watchers need…
By Troy Stangarone Years ago, The Economist developed the Big Mac Index to track how much a MacDonald’s Big Mac cost in countries around the world. The idea was to provide an understandable measure for purchasing power parity across countries since the Big Mac is a basic commodity that has spread across the world. Of…
By Nicholas Hamisevicz A new report with satellite images shows North Korea’s progress constructing a new light water reactor at Yongbyon. The North Koreans revealed the facility to Ambassador Jack Pritchard, KEI’s President, and in subsequent weeks, Dr. Siegfried Hecker of Stanford University in November 2010. Dr. Hecker in his trip report expressed his surprise…