2007 Posts located
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…
Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…
From nuclear power in the United Arab Emirates to new free trade agreement negotiations opening with Israel, to South Korean President Park Geun Hye's visit to Iran, 2016 seems to be…
With no shortage of North Korean news in 2016, we look back at one of our interviews with Ambassador John Everard of the UK. He provides an inside perspective of…
After North Korea launched its fourth nuclear test in January 2016, an outraged international community once again cracked down, passing tough sanctions both at the UN and domestic levels. While…
In May 2016, Park Geun Hye became the first South Korean president to visit the African Union headquarters in Ethiopia. This trip, which also included stops in Uganda and Kenya,…
By Chad 0'Carroll This Friday South Korea will make a new attempt at launching a satellite using the Korea Space Launch Vehicle-1 (KSLV-1). If it is successful, the ROK will become the eleventh country in the world to have developed a national capability to send objects into orbit. But after its two previous failures, this…
By Seongjin James Ahn Recently, South Korean music artist PSY projected himself into international fame with “Gangnam Style”, a song and music video that went viral online and parodies the opulent lifestyles of Seoul’s upper class – and of those who try to imitate it. While both humorous and entertaining, PSY’s song ultimately points to…
The latest polling data from the Asan Institute for Public Policy includes the Institute's first results since Ahn Cheol-soo officially declared for the presidency. While Park Geun-hye has opened up a 10 point lead against Ahn and Moon Jae-in, she trails Ahn in a head-to-head race and is essentially tied with Moon.
By Nick Miller The Korean Times reported on September 7th that Kim Jong-il’s sister, Kim Kyong-hui, was in ill health stemming from her past abuse of alcohol. Kim Kyong-hui serves as one of the guardians of Kim Jong-un along with her husband Jang Song-taek. After Kim Jong-il’s suffered a stroke in 2008 he had to…