Displaying all content tagged with the region Asia.
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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…
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,…
May 25, 2011
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…
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…
May 25, 2011
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…
April 13, 2017
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…
April 10, 2017
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…
March 17, 2017
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…
March 8, 2017
By Michael J. Mazarr The most significant thing about the dramatic change in North Korea is how little has changed. Kim Jong-il has died, inaugurating a period of complex maneuvering and potential instability within the North’s ruling clique. The succession to his son Kim Jong-un will be perilous: The regime’s legitimacy is grounded in personalities,…
December 27, 2011
By Ken Gause The death of Kim Chong-il does not only mean a transition in leadership as can be seen with the apparent coronation of Kim Chong-un as the successor. It also likely means a change in the leadership structure, which will potentially have a dramatic impact on how Pyongyang makes decisions and how those…
December 23, 2011
By Nicholas Hamisevicz The death of Kim Jong Il has put the focus and pressure on Kim Jong-un and the rest of the North Korean leadership elite. The spotlight will be even more intense as previously scheduled events in North Korea approach in the next few months. These moments will provide North Korea with an…
December 22, 2011
By Sarah K. Yun In light of the uncertainties following the death of Kim Jong-il, China has stepped to the forefront as the first foreign player to express lavish condolences to the North Korean government. Understanding China’s actions and words will be an important piece in the North Korea puzzle as events unfold on the…