1926 Posts located
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…
Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
You’ve probably heard the Korean War referred to as an unfinished conflict – but that’s not just a reference to the frozen war on the Peninsula. The sudden outbreak of…
We often talk about whether the sanctions against North Korea are working. And we have spoken occasionally on this very podcast about the ways North Korea also cheats and gets…
By Seongjin James Ahn Recently, South Korean music artist PSY projected himself into international fame with “Gangnam Style”, a song and music video that went viral online and parodies the opulent lifestyles of Seoul’s upper class – and of those who try to imitate it. While both humorous and entertaining, PSY’s song ultimately points to…
The latest polling data from the Asan Institute for Public Policy includes the Institute's first results since Ahn Cheol-soo officially declared for the presidency. While Park Geun-hye has opened up a 10 point lead against Ahn and Moon Jae-in, she trails Ahn in a head-to-head race and is essentially tied with Moon.
By Nick Miller The Korean Times reported on September 7th that Kim Jong-il’s sister, Kim Kyong-hui, was in ill health stemming from her past abuse of alcohol. Kim Kyong-hui serves as one of the guardians of Kim Jong-un along with her husband Jang Song-taek. After Kim Jong-il’s suffered a stroke in 2008 he had to…
By Jessica Choi A few days ago, I went to my friend’s favorite local Japanese sushi bar for the first time, and I noticed that there was bulgogi (Korean beef bbq) on the menu. My interest was piqued, so I decided to try speaking Korean to the waitress. Lo and behold, it turns out that…