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
Korean Kontext recently spoke to Gordon Flake of the Mike and Maureen Mansfield Foundation for a conversation about Korea’s rising prominence as a “middle power”. Focussing on South Korea’s rapidly…
July 24, 2012
62 years ago on this day of June 25, hostilities broke out on the Korean peninsula. It was a conflict that ended only due to what everybody thought would be…
June 25, 2012
Korean Kontext caught up with Man Asian literary prize winner Shin Kyung-sook for a chat about her latest novel, “Please Look After Mom”. Shin became the first woman and South…
June 15, 2012
In this special episode, Korean Kontext had the opportunity to speak to South Korean Minister for Trade, Bark Taeho, during his latest visit to Washington DC. KEI’s Vice President, Dr.…
May 31, 2012
US-South Korea-Japan trilateral cooperation has been on an upswing since the Spirit of Camp David joint statement, published after US President Joe Biden hosted South Korean President Yoon Suk Yeol and Japanese Prime Minister Kishida Fumio at the eponymous presidential retreat in August 2023. “We commit to expand our cooperation trilaterally and raise our shared…
August 12, 2024
Selection of Q2 US-Korea Partnerships Date American Entity Korean Entity Project Location June 24 Exxon Mobil SK On MOU for Exxon Mobil to supply SK On with up to 100,000 tons of lithium for EV batteries. Arkansas June 20 Philly Shipyard Hanwha Purchase agreement for Hanwha to acquire ownership of Philly Shipyard for $100…
July 31, 2024
The number of defectors fleeing North Korea and resettling in South Korea remains at very low levels. The number had begun to decline before 2020, but the COVID-19 pandemic led Pyongyang to enforce harsher border controls to prevent North Koreans (and others) from entering the country from abroad and potentially bringing the virus with them.…
July 30, 2024
Korea stands out for its long life expectancy of 83.6 years as of 2021, the second longest among the 38 countries that are members of the OECD. In addition, its avoidable mortality rate (premature death from preventable and treatable causes) was 142 per 100,000 persons, well below the OECD average. Expanded access to healthcare has…