Displaying all content tagged with the region Asia.
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Asia
January 4, 2024
December 19, 2023
November 30, 2023
November 30, 2023
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
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 9, 2015
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…
September 29, 2015
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…
September 18, 2015
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. …
September 10, 2015
The resource that will drive future growth is data. For Korea’s entertainment industry to get a share of this new currency, it has to transition from being producers of content to becoming providers of a platform that aggregates data. But domestic streaming platforms face numerous challenges when competing against foreign giants like Netflix, Disney+, and…
November 19, 2021
What Happened Parents of elementary school students are pushing for national academic evaluations to be reinstated to know where their children’s education stands compared to the national average. COVID-19 has increased concerns over a widening education quality gap between students. The government attributes this widening gap to students with access to private education and those who do not. Implications: Korean society…
November 18, 2021
Nearly 300 days have passed since the outbreak of the February coup in Myanmar. Since then, more than 1,250 citizens have been killed and 10,100 arrested while fighting in resistance against the military, according to the Assistance Association for Political Prisoners (AAPP). In response, the international community including the United Nations Security Council, has publicly…
November 17, 2021
What Happened The ruling Democratic Party’s presidential candidate Lee Jae-myung proposed another round of universal payments to help citizens overcome the economic challenges posed by COVID-19. However, Prime Minister Kim Boo-kyum and the government claimed that they do not have the capacity to provide another round of universal relief funds. A nationwide public poll showed that 60.1% of Koreans agree…