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
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
What Happened In March, the Biden administration encouraged Seoul to increase trilateral cooperation with the U.S. and Japan. Biden’s first face-to-face meeting with an international leader occurred in April when Japanese Prime Minister Suga arrived in Washington. The U.S. president’s second in-person meeting with a world leader was with South Korean President Moon Jae-in on May 21. Implications: The White House…
May 27, 2021
What Happened In April, the Defense Ministry announced a new law that will compensate members of the Korean Liaison Office (KLO) that worked under the UN and United States during the Korean War. KLO veterans have no documented military record in South Korea because they performed clandestine operations under foreign command. The KLO was first brought to public attention…
May 21, 2021
What Happened In a May 10 speech, Moon explained that the opposition's mayoral victories in April reflected the public’s dissatisfaction with the ruling Democratic Party’s handling of the housing issue. In response, Moon promised to modify several housing policies. A poll from May 7 shows that many view the housing situation as one of the most important current issues, second…
May 20, 2021
By KEI Advisory Council President Joe Biden and President Moon Jae-in are scheduled to meet in Washington D.C. on May 21. For President Biden, this will be his second summit with a world leader following his meeting with Japanese Prime Minister Yoshihide Suga on April 16. Ahead of this engagement, KEI reached out to members…