2007 Posts located
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…
Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (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 Jenna Gibson Halloween as we know it in the United States is still not widely celebrated in South Korea. Trick or treating is limited to kindergarten parties and English hagwons, and you’re unlikely to see many jack-o-lanterns or skeletons decorating peoples’ homes. But in recent years some parts of the holiday have been gaining…
By Jenna Gibson Last month, the Korean Ministry of Education announced major changes to the way South Korean students will learn English. Some of them are positive, and can potentially help ease the overwhelming classroom workload for Korean students. But these new policies may also have some unintended side effects. Schools will be cutting the…
By Jenna Gibson Earlier this month, three U.S. senators took on North Korea (DPRK) by introducing a broad sanctions bill aimed at addressing concerns about cyberwarfare and the North’s continued nuclear ambitions. Known as the North Korean Sanctions and Policy Enhancement Act (S. 2144), this bill would codify the sanctions put in place by presidential…
By Dr. Seung-kyung Kim On October 16, President Park Geun-hye and President Barack Obama will be meeting for the fourth time since they became presidents of their respective countries. As always, the security issues involving North Korea will be the top item on their agenda. However, the two countries also have a broad range of mutual…