Displaying all content tagged with the region Asia.
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Asia
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 week, we delve into how Japan views the security threat from China, and how these perceptions shape Japanese policy. For this, we turn to security expert Dr. Narushige Michishita.…
May 20, 2016
Last week, North Korea launched its Seventh Worker's Party Congress, a major meeting of regime leaders that has not been convened in 36 years. Although analysts had high expectations for…
May 10, 2016
In this episode, we take a step back from the Korean Peninsula and take a look at Northeast Asia from the perspective of one of its neighbors – Russia. In…
May 9, 2016
On May 1, South Korean President Park Geun-hye will travel to Tehran, Iran for a summit meeting with her counterpart, President Hassan Rouhani. This visit will be the first time a…
April 29, 2016
By Chad O'Carroll With North Korea having conducted two long range rocket launches in a year, many analysts have been speculating as to why Pyongyang was so keen to try another launch just months after the last one ended in catastrophic failure. One straightforward theory suggests Pyongyang wants an inter-continental ballistic missile capability and that…
December 12, 2012
Independent candidate Ahn Cheol-soo withdrew from the South Korean presidential race Friday, giving his support to fellow left-leaning hopeful Moon Jae-in. This development clears the way for Moon Jae-in to face Park Geun-hye, the candidate for the governing Saenuri Party. Until Friday, Ahn had been working with Moon, of the Democratic United Party, to merge their…
November 27, 2012
By Seongjin James Ahn With the presidential elections in the U.S. now over, South Korea has turned its attention to the political transition occurring in China. This week the Chinese Communist Party (CCP) is set to reveal its new leadership roster for the next ten years, and regardless of who comes into power, South Korea…
November 14, 2012
By Gilbert Rozman Much is made of dynastic succession, of long periods when the organs of communist party rule are moribund, and of the military first policy in North Korea. To many, these are incompatible with the communist system. Yet, the meaning of this system keeps changing from Karl Marx to contemporary Chinese rule. Taking…