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…

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.   …

On June 8 - 18, KEI Vice President, Abraham Kim, visited North Korea with a group of American Asia experts.  The purpose of the trip was to analyze the efficacy of sanctions, conditions in the cities/countryside, the integration of technology, the prevalance of cell phones and political conditions.  The slide presentation were shown at the GRS Annual Conference in…