2004 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…
Zbigniew Brzezinski described South Korea as a geostrategic pivot on the grand chessboard of Eurasia. When President Yoon stated that South Korea could pursue a nuclear weapons program, he started a game of nuclear chess. South Korea’s possession of nuclear weapons on that chessboard is a strategic plan that requires thinking at least three to…
Political Junkies and anxious U.S. citizens watched in awe last week as the United States House of Representatives put on a five-day spectacle of electing the new Speaker of the House. This surrealistic extravaganza finally concluded with the 15th vote which took place after midnight on January 7th. The election of the Speaker is usually…
Seoul’s Indo-Pacific Strategy has been broadly welcomed by a number of states in the region who view the platform as further aligning with their strategic outlook. It’s in these states’ interests that the Indo-Pacific Strategy is future proof - it won’t be an easy task. On 11 November 2022 in Phnom Penh, President Yoon Seok…
This is the first in a two part series looking at youth employment in Korea. The employment rate for Korean youth (aged 15-29) is well below the OECD average (Figure 1), with negative consequences for the young people concerned and the economy. Youth unemployment and inactivity have a long-term scarring effect that reduces employment rates later…