2004 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…
North Korea is putting on a tough face as the world confronts the COVID-19 pandemic. Authorities in Pyongyang continue to reassure the rest of the world that nothing is wrong…
Looking back on the Korean War, one might assume that the outbreak of a violent conflict that killed millions of people would preclude the possibility of a peaceful resolution of…
It would not be an exaggeration to claim that the Korean War shaped world history. There had been bloodshed elsewhere that bookmarked the start of the bitter conflict between the…
The international force that answered the United Nation’s call to defend the Republic of Korea between 1950 and 1953 did more than engage in combat with North Korean and Chinese…
By Nicholas Hamisevicz For the first visit by the leader of the Catholic Church to Korea in 25 years, there were numerous expectations for a variety of issues. Pope Francis’ popularity and different leadership style brought about the possibility that concerns regarding the difficulties of inter-Korean relations, a Korean society distraught over a tragedy and…
By Lisa Ji Computer science majors may have a larger role to play in promoting socio-political changes in North Korea than one may suspect. On August 2nd, computer programmers and human rights advocates gathered together in San Francisco, to discover new ways of providing information to and from the highly reclusive country, North Korea. In…
By Nicholas Hamisevicz Similar to previous months, inter-Korean relations remained tense, especially in the West Sea. South Korea claimed North Korea was renting out fishing grounds in the West Sea to Chinese fisherman, who then began to encroach beyond the Northern Limit Line (NLL) into South Korean territorial waters. Moreover, a South Korean military drill…
By Clare Hubbard While atrocious human rights violations continue in North Korea, the South Korean public remains focused on their daily lives. A prolonged separation and ideological division on the Korean peninsula has gradually produced two different peoples and the younger generations of South Koreans are losing more and more interest in their North Korean…