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 Chad 0Carroll Last week the hosts of the world’s most popular political podcast, Naneun Ggomsuda, spoke to a packed audience in Washington DC as part of a tour that also took them to Boston, New York City, San Francisco, and Los Angeles. Focusing primarily on the satire of domestic South Korean politics, worldwide demand…
December 13, 2011
By Nicholas Hamisevicz U.S. Secretary of State Hillary Clinton made a historic visit to Burma last week to assess some of the reforms undertaken by the regime. During her trip, she rightfully insisted that one of the changes the Burmese government must enact is to end its illicit activities with North Korea. Korea watchers need…
December 5, 2011
By Troy Stangarone Years ago, The Economist developed the Big Mac Index to track how much a MacDonald’s Big Mac cost in countries around the world. The idea was to provide an understandable measure for purchasing power parity across countries since the Big Mac is a basic commodity that has spread across the world. Of…
November 22, 2011
By Nicholas Hamisevicz A new report with satellite images shows North Korea’s progress constructing a new light water reactor at Yongbyon. The North Koreans revealed the facility to Ambassador Jack Pritchard, KEI’s President, and in subsequent weeks, Dr. Siegfried Hecker of Stanford University in November 2010. Dr. Hecker in his trip report expressed his surprise…