2007 Posts located
Well-functioning capital markets should encourage private saving and investment by channeling surplus funds to reach their most productive uses. In the process, well-functioning capital markets create a diverse menu of…
During the 1972 U.S. presidential campaign, “Deep Throat,” later revealed to be Associate Director Mark Felt of the FBI, counseled Washington Post journalists Bob Woodward and Carl Bernstein to “follow…
After the Asian financial crisis of 1997, the Korean government geared up to carry out financial restructuring. As a result, the number of domestic financial institutions stood at almost half…
Korea’s money market includes the call market as well as markets for monetary stabilization bonds (MSBs), negotiable certifi cates of deposit (CDs), repurchase agreements (repos), commercial paper (CP), and cover…
From 1966 to 1981, around 2,000 Peace Corps volunteers lived and worked in South Korea. After returning to the United States, many volunteers wanted a way to share their Korean…
October 2015 will mark 25 years since the official reunification of East and West Germany. Meanwhile, the Korean Peninsula remains divided. South Korean President Park Geun-Hye has referenced Germany many…
The Eugene Bell Foundation has been working in the DPRK for 20 years. Now they focus on multidrug-resistant tuberculosis (MDR-TB), a deadly disease that is incredibly expensive and time-consuming to…
In the recent agreement between Seoul and Pyeongyang to defuse tensions along the DMZ, the two governments included a promise to "vitalize" non-governmental organization (NGO) exchanges in various fields. …
By Christopher Hurst Recent headlines around the world have highlighted the growth of refugees worldwide. There have been calls from the UN for the rich nations of the world to step up and help take in many of these people fleeing war and persecution from places in the Middle East, Africa, and Southeast Asia. In…
By Nayoon Lee Two seemingly unrelated events point to a larger problem in Korea. In 2011, a prosecutor was caught for accepting a Mercedes Benz and a Chanel bag from the opposing lawyer. The lawyer and the prosecutor asserted that they were in a relationship, and the court decided the prosecutor was not guilty. What…
By Min Tae Chung South Korea is well known for its rapid economic growth with its post- Korean War development. Early in South Korea’s economic development, also known as “the miracle of the Han River,” the economy underwent constant and rapid growth that has elevated South Korea’s economy to the heights of one of the…
By Troy Stangarone North Korea and South Korea are different, but sometimes it takes a crisis in each country to draw those differences out. In many ways, the flooding in North Korea in September and the recent crisis at Samsung help to illustrate how different the two countries have become since they were divided after…