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
In this episode, we talk with Dr. Adam Cathcart of the University of Leeds and of Sino-NK about China-North Korea relations. Dr. Cathcart has just written an Academic Paper Series report…
June 20, 2014
President Obama wasn’t the only leader who had to make important visits to multiple Asian countries this past April. Australia’s Prime Minister, Tony Abbott, had to make an important…
May 22, 2014
The Francis Effect is everywhere. Time Magazine named Pope Francis their 2013 Person of the Year, another magazine dedicated specifically to covering Pope Francis has been started in Italy,…
April 25, 2014
Public opinion can help to both shape and inform public policy. A president with strong approval numbers across ideological divides has significant scope to make policy decisions. While a national…
October 24, 2013
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…
November 17, 2016
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…
November 15, 2016
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…
November 2, 2016
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…