1981 Posts located
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…
June 25, 2020 marks the 70th anniversary of the start of the Korean War. The conflict on the Korean Peninsula has been going on for so long that we sometimes…
2020 is starting off dramatically with the escalation of tensions in the Middle East – The world held its breath while the United States and Iran exchanged both blows and…
While it is frustrating to see North Korean projectiles flying out to sea and Pyongyang’s erratic, unpredictable reactions in negotiations, we cannot forget where things stood in 2017 – the…
30 years after the fall of the Berlin Wall, people’s aspiration to establish a pluralistic liberal democracy appears to be under scrutiny around the world – anti-immigration policies dominate political…
By Troy Stangarone On September 1 new trade figures for the month of August indicated that South Korea’s exports had dropped 14.7% year-on-year continuing a trend since January that has seen year-on-year monthly declines. Exports play significant role in the South Korean economy and have a value that is roughly half of South Korea’s GDP.…
By Jenna Gibson First coined in China in the 1990s, Hallyu literally means “Korean Wave” – meaning the wave of Korean TV shows, pop songs and even skincare products that has swept across Asia and beyond. Many have noted the existence of Hallyu, and since Psy made his famous debut on the world stage more…
By Bradley Sancken What do the Korean Demilitarized Zone (DMZ), Guantanamo Bay, and the Galapagos islands have in common? While two of the three serve important national security functions, all three share a quality that is unique and unlike anywhere else on the planet, vibrant untouched ecosystems that boast endangered and endemic species. Since the…
By Troy Stangarone In the aftermath of the recent tensions on the Korean peninsula some commentators have contended that South Korea is spinning the idea that North Korea apologized for maiming two South Korea soldiers when it didn’t directly claim responsibility for the act but merely expressed regret. An article in The Diplomat on this…