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
For understandable reasons, the international community has been focused on North Korea's nuclear program, concerned that Pyongyang could have a weapon capable of such massive destruction. But should they also…
March 17, 2016
Last week, we looked at the details of the new US and UN sanctions against North Korea, delving into the new measures to get at Pyongyang's funding. But will they…
March 11, 2016
On February 18, President Barack Obama signed into law a new round of sanctions designed to further squeeze the North Korean regime. On March 3, the United Nations Security Council…
March 4, 2016
Human rights in North Korea remains a divisive issue between the international community and North Korea. In 2013, the United Nations Human Rights Council established Commission of Inquiry on Human…
February 25, 2016
By Nicholas Hamisevicz Just as April is historically one of the most contentious months for inter-Korean relations, the West Sea and the Northern Limit Line (NLL) have been among the most contentious areas in inter-Korean relations. Multiple firefights, the sinking of the Cheonan, and the shelling of Yeonpyeong Island all took place in this region.…
May 28, 2014
By Nicholas Hamisevicz April is often a contentious month for inter-Korean relations. With joint and combined military exercises, along with anniversaries and holidays, there are plenty of opportunities for provocations and hateful rhetoric. April 2014 was no different. An inter-Korean understanding earlier in the year toward ceasing hostile rhetoric has collapsed and North Korea again…
May 19, 2014
By Nicholas Hamisevicz Reassure, reaffirm, reengage, and rebalance are all going to be key words used during President Obama’s trip to Japan, South Korea, Malaysia, and the Philippines. This is a very important trip for President Obama. During this visit to Asia, President Obama has to try to make up for the cancellation of a…
April 23, 2014
By Clare Hubbard The official statement regarding President Obama’s April trip to Korea indicates that the main discussion points will be the ongoing implementation of the KORUS FTA, recent developments in North Korea, and reaffirming the U.S.-Korea alliance. However, one main reason for Obama’s trip to the peninsula is missing from the itinerary released by…