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…

With worldwide familiarity of Korean pop culture increasing through the viral exposure of Korean musician Psy’s hit record “Gangnam Style”, this episode Korean Kontext speaks to Mark James Russell, author…

In this episode we spoke to B.R. Myers, author of “The Cleanest Race” and regular contributor to the New York Times, Wall Street Journal, and The Atlantic.  Having been raised…

In this interview Korea Kontext speaks with Dr. Jennifer Lind, assistant professor at the Department of Government, Dartmouth College.  Well known for her work on North Korea and N.E. Asia…

In this episode we spoke to comedian and actor Steven Byrne, of the brand new TBS series “Sullivan and Sons”.  Known as one of the hardest working and energetic comics in…

By Mark Tokola The Republic of Korea and the State of Israel have a lot in common: both were founded in 1948, both had to fight for their early existence, both have succeeded despite a lack of natural resources, both are lively democracies, and both are among America’s closest allies.  On May 14th, the anniversary…

KEI Communications Director Jenna Gibson, host of Korean Kontext, recently interviewed Bruce Klingner of the Heritage Foundation on North Korea’s recent Workers Party Congress, the first since 1980. The following is a partial transcript of that conversation. The rest of the conversation can be found at http://keia.podbean.com/. Jenna Gibson: This week has all been about North…

By Troy Stangarone Should South Korea develop a nuclear weapon to deter North Korea? Should Japan go nuclear as well? These questions have been asked since North Korea conducted its fourth nuclear test earlier this year and Donald Trump suggested that both countries might need to eventually develop their own nuclear deterrents. While much of…

By William Brown September, 1961 was not a happy time in South Korea, at least according to the US Intelligence Community.  See how CIA described the dismal situation soon after junta commander Park Chung-hee’s coup d’état, in a declassified National Intelligence Estimate. “The greatest threat to South Korea, at least in the near term, comes…