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…

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…

Not everyone in Korea or foreigners abroad want to hear about national advertising initiatives that focus on mainstream issues like K-Pop, Hallyu or ancient Korean Kimchi culture. Instead, many want…

On January 11, 2013, the Korea Economic Institute of America recently led Washington DC’s celebration of Korean American Day by hosting a luncheon event to honor two Korean Americans for…

With North Korea announcing to the world that it will be attempting to launch a second satellite for 2012, many analysts have been speculating as to why Pyongyang is so…

In this episode we spoke to The Economist’s South Korea correspondent, Daniel Tudor. Having been based in Korea for over a decade, Tudor has just finished writing one of the…

By Troy Stangarone With the passage of a new round of sanctions against North Korea, there is an expectation that Pyongyang will not go gracefully into negotiations over its weapons programs. While negotiating and passing a new resolution took the Obama Administration more than twice as long as any prior resolution in response to a…

In last night’s CNN-Telemundo Republican debate, the remaining candidates got the chance to comment on the situation on the Korean Peninsula and highlight their policy for the region. Governor John Kasich first raised the issue of North Korea, saying “We said to the South Koreans that we would give them the high altitude defense system.…

By Jenna Gibson Seventy hours down, three hundred to go. The South Korean National Assembly is currently in the middle of its first filibuster in decades, already smashing the world record for longest filibuster and still going strong. Members of Korea’s opposition parties banded together on February 23 to start the filibuster in an attempt…

KEI Communications Director Jenna Gibson, host of Korean Kontext, recently interviewed Justice Michael Kirby who led the United Nations’ Commission of Inquiry on human rights in North Korea. The following is a partial transcript of that conversation. The rest of the conversation can be found at http://keia.podbean.com/. Jenna Gibson: It’s now been two years since…