2007 Posts located
Well-functioning capital markets should encourage private saving and investment by channeling surplus funds to reach their most productive uses. In the process, well-functioning capital markets create a diverse menu of…
During the 1972 U.S. presidential campaign, “Deep Throat,” later revealed to be Associate Director Mark Felt of the FBI, counseled Washington Post journalists Bob Woodward and Carl Bernstein to “follow…
After the Asian financial crisis of 1997, the Korean government geared up to carry out financial restructuring. As a result, the number of domestic financial institutions stood at almost half…
Korea’s money market includes the call market as well as markets for monetary stabilization bonds (MSBs), negotiable certifi cates of deposit (CDs), repurchase agreements (repos), commercial paper (CP), and cover…
When you hear about trilateral cooperation between the United States, South Korea and Japan in the news, people are usually talking about how these three countries can work together to…
In this episode, Korean Kontext speaks with Ms. Jie-ae Sohn, President of Arirang TV & Radio, Korea's first English language international broadcast system. Ms. Sohn worked as the former CNN…
Last week, the news of a high-level defection by a North Korean diplomat stationed in London captivated North Korea watchers. For the next few says, analysts and the media speculated…
Ghosts and goblins are everywhere in Korean folktales, causing havoc for people through their antics. Equally common are the shamans who act as intermediaries, helping offer solutions to life's supernatural…
By Mark Tokola On Wednesday, January 21, four Korean workers were crushed to death at the Geochung Shipbuilding Company in Busan when the operator’s cabin broke away from a 40-ton crane. A police officer told the press, “It appears that they were trying to disconnect the cabin without proper safety equipment.” The police will now…
By Andrew Haggard The casual observer may be perplexed by the recent headlines of supposed North Korean hackers effectively bringing Sony Pictures Entertainment’s computer systems to its knees. How does one reconcile NASA photos and satellite images showing the near-entirety of the northern part of the Korean peninsula in utter darkness with the picture of…
By Mark Tokola One thing everyone knows about North Korea is that it is isolated. Visits to the DPRK are controlled and monitored. Few North Koreans are allowed to travel abroad and then only for specific purposes. Because it is heavily sanctioned by the international community, international trade and investment is minimal. North Koreans are…
By Nicholas Hamisevicz During the last week of December, India’s External Affairs Minister, Sushma Swaraj visited Korea to co-chair with her counterpart, Korean Foreign Minister Yun Byung-se, the 8th India-Korea Joint Commission meeting, while one month prior South Korean President Park Geun-hye was able to meet with Indian Prime Minister Narendra Modi for the first…