2000 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…
Growing up in Tennessee and Alabama, Dr. David Oh never imagined he would one day be leading a mission to explore a metallic asteroid orbiting between Mars and Jupiter. But…
In 2017, U.S. Forces Korea (USFK) will complete the move of nearly all troops and support staff from Yongsan Garrison in Seoul to Camp Humphreys, 50 miles south of the…
For the first Korean Kontext podcast of 2017, five members of the KEI staff sat down with host Jenna Gibson for a chat about the volitility of 2016 and what…
The last several rounds of UN sanctions against the DPRK have been called the "strongest ever," and the new sanctions passed on November 30 are no different. There are some…
By Ben Hancock South Korea made an appearance in this past Sunday’s New York Times list of 45 must-visit travel destinations for a surprising reason -- golf courses. No one could quibble with the fact that Korea has churned out more than its fair share of club-wielding pros (Pak Se-ri and K.J. Choi come quickly…
By Luke Herman Updated January 11, 2012. With the passing of Kim Jong-il, North Korea's leadership transition is being formally put into place. Here is a quick abridged graphic highlighting the leadership on the National Defense Commission and the State Party's Political Bureau and Central Military Commission. Below are links to expanded graphics for the…
By Nicholas Hamisevicz In Asia much of the pressure and focus from the transition in North Korea after Kim Jong Il’s death is now on China, its neighbor and chief benefactor. As a rising power that provides both economic and national security assistance North Korea needs to survive, China is in a difficult situation with…
By Ken E. Gause Three sets of messages have emerged from the North Korean media in the days since Kim Chong-il’s death on December 17. The first two sets of messages are tied to the leadership configuration that is rising up to take over the reins of power, namely Kim Chong-un supported by a collective…