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…

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…

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…

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…

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…

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…

By Chad 0'Carroll Last week The Daily NK, an online newspaper dedicated to covering North Korea from a human rights perspective, suffered a malware attack.  It was by no means the first malware infection of the site (936 pages infected in the last 90 days alone, according to Google), but comes following a spate of…

By Nicholas Hamisevicz On the day before South Korean President Lee Myung-bak hosted numerous leaders and heads-of-state for the Nuclear Security Summit, he met bilaterally with Prime Minister Manmohan Singh of India to discuss enhancing the two countries strategic partnership. Looking to build on the intensity and frequency of the high-level meetings that followed President…

By Nicholas Hamisevicz Next week, President Lee Myung-bak and South Korea will host numerous leaders and heads-of-state from around the world for the 2012 Nuclear Security Summit. On the sidelines of the summit, President Lee will host approximately 27 bilateral meetings with various counterparts, including Prime Minister Manmohan Singh of India. After a year dedicated…

By Peter Crail The upcoming Nuclear Security Summit in Seoul will, for the second time, bring significant high-level attention to the threat of nuclear terrorism and the global responsibility of nuclear material security. World leaders have recognized that a nuclear terrorist attack anywhere would have global consequences, and that with enough nuclear material spread around…