Displaying all content tagged with the region Asia.
1984 Posts located
1984 Posts located
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Asia
April 2, 2025
January 4, 2024
December 19, 2023
November 30, 2023
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
This spring, Han Kang became the first Korean author to win the prestigious Man Booker International Prize for her novel, "The Vegetarian." And, for the first time in the prize's…
October 15, 2016
North Korea recently experienced one of the worst natural disasters in its history, as flood waters swept through towns in the northeast part of the country. Up to 600,000 people…
October 7, 2016
Middlebury College, famous for its immersive language programs, added Korean as its 11th language in 2015. Now, after two summers, the School of Korean is helping students from a variety…
October 3, 2016
With the goal of supporting the next generation of scholars interested in Korea and Northeast Asia, the U.S.-Korea Next Gen Scholars Program brings together young professionals from various backgrounds to…
September 23, 2016
What Happened Following a highly publicized bribery conviction, Samsung Electronics Vice Chairman Lee Jae-yong was released from prison on parole. This ruling follows the acquittal of two executives at SK Chemical and Aekyung Industrial Co despite the sale of harmful products. In addition to these companies playing an essential role in maintaining a trade surplus, many average Koreans are…
August 18, 2021
What Happened Late last month, the two Koreas restored communications lines 13 months after Pyongyang cut off all communication lines to Seoul. North Korean leader Kim Jong-un’s sister Kim Yo-Jong warned that conducting an annual summertime U.S.-ROK joint military exercise would hamper efforts to rebuild trust between the two Koreas. Despite the warning, South Korea decided to continue the military exercise…
August 17, 2021
With the help of social media and internationally popular Korean shows, global interest in Korean skincare and makeup products (collectively referred to as K-beauty) has increased exponentially in the past decade. Today, K-beauty products are readily available to American customers at chain stores like CVS and Sephora. This market transition was not coincidental: it was strongly supported…
August 5, 2021
On July 27, the Korea Central News Agency (KCNA) announced that “the top leaders of the north and the south agreed to make a big stride in recovering the mutual trust and promoting reconciliation by restoring the cutoff inter-Korean communication liaison lines through the recent several exchanges of personal letters.” The hotline was restored at…