1985 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…
In 2010, a group of Asian countries made major strides toward economic integration with the launch of the Chang Mai Initiative Multilateralization. This currency swap arrangement has had a major…
With the recent season finale of The Walking Dead and the broadcast of his visit to South Korea with talk show host Conan O'Brien this past weekend, we look back at our…
This week our guest is noted scholar and North Korea watcher Dr. Stephan Haggard. Dr. Haggard is a Professor of Korea-Pacific Studies and director of the Korea-Pacific Program at the…
At KEI, we mainly focus on the relationship between the United States and South Korea, and their approaches toward North Korea. This week, we're taking a different look at the…
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…
By Jessica Choi A few days ago, I went to my friend’s favorite local Japanese sushi bar for the first time, and I noticed that there was bulgogi (Korean beef bbq) on the menu. My interest was piqued, so I decided to try speaking Korean to the waitress. Lo and behold, it turns out that…
By Jae-kyung Park Early last month, the U.S. Department of State and the Ministry of Foreign Affairs of China exchanged harsh words publically on the issue of South China Sea. On August 3, the U.S. State Department issued a press statement with the heading of ‘South China Sea’. The words therein are carefully and considerately crafted,…