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…
For many people who visit Korea for the first time, one of the things that stands out the most is the country's clean, reliable, and efficient public transportation. This was…
More than 100 million Americans cast their ballots on November 8, and we have a new president-elect. The Trump victory came as a surprise to most, with polls and pundits…
In this episode, which originally aired in 2011, we hear from author Mike Kim, who speaks with Korean Kontext about his experiences living and working with North Korean refugees on…
Samsung's Galaxy Note 7 woes have hit a crescendo in recent weeks, with the company officially halting production and the Transportation Security Administration (TSA) officially banning the devices from all…
By Nicholas Hamisevicz We now know that the “modest progress” after the U.S’s first meeting with North Korea after the death of Kim Jong-il actually meant that a deal regarding food aid, missile launches, and nuclear tests would be forthcoming. The statement on U.S.-DPRK discussions released today by the U.S. Department of State entails an…
By Sarah K. Yun At the recent talks between North Korea and the United States in Beijing, U.S. Special Representative for North Korea Policy, Glyn Davies, once again stressed the importance of restored inter-Korea relations in order to resume the Six-Party Talks to Kim Gye Gwan, North Korea’s First Vice Minister of Foreign Affairs. Although…
By Ben Hancock In the face of budget cuts, the education offices of South Korea’s two most populous regions announced in the second half of last year plans to reduce their roster of native English-speaking teachers in coming years. While the scale of the cutbacks in Seoul and the surrounding Gyeonggi Province is still unclear,…
By Chad 0Carroll The death Kim Jong-il has rekindled debates about the prospects for Korean unification following a period of relatively little public discussion on the matter in South Korean circles. As a result of the difficulties that Kim Jong-un is anticipated to encounter in cementing his hold on power in coming months, some analysts…