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
With the recent retirement by Yi So-yeon, South Korea’s remaining astronaut, many have turned attention to Korea, wondering whether there is a future for its space program. According to Daniel Pinkston of the…
September 16, 2014
Since the famine of the 1990s, North Korea has continued to face periods of chronic food shortages. However, the humanitarian needs of the people in North Korea…
September 2, 2014
North Korea has engaged in various forms of economic reforms and marketization attempts such as establishing Special Economic Zones and obtaining Foreign Direct Investment. Yet, many of North…
August 8, 2014
In this episode, we talk with Dr. Yiagadeesen Samy of Carleton University on income inequality in South Korea and its affect on Korea’s economy. Dr. Samy is an economist…
July 25, 2014
By Sarah K. Yun At the recent talks between North Korea and the United States in Beijing, U.S. Special Representative for North Korea Policy, Glyn Davies, once again stressed the importance of restored inter-Korea relations in order to resume the Six-Party Talks to Kim Gye Gwan, North Korea’s First Vice Minister of Foreign Affairs. Although…
February 28, 2012
By Ben Hancock In the face of budget cuts, the education offices of South Korea’s two most populous regions announced in the second half of last year plans to reduce their roster of native English-speaking teachers in coming years. While the scale of the cutbacks in Seoul and the surrounding Gyeonggi Province is still unclear,…
February 21, 2012
By Chad 0Carroll The death Kim Jong-il has rekindled debates about the prospects for Korean unification following a period of relatively little public discussion on the matter in South Korean circles. As a result of the difficulties that Kim Jong-un is anticipated to encounter in cementing his hold on power in coming months, some analysts…
February 16, 2012
By Troy Stangarone On February 10, rumors that Kim Jong-un had been assassinated at the North Korean Embassy in Beijing began to rapidly spread across the internet. First making their way around Weibo and then jumping to Twitter, word of Kim Jong-un’s death eventually spread as far as the floor of the New York Stock…