1984 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…
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…
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…
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…
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.…
By Sarah K. Yun Both the United States and China went through leadership transitions in November. In the United States President Barack Obama was reelected, while China announced a new era under General Secretary Xi Jiping. With both countries future leadership now decided, what are the implications for Korea as the U.S. and China consolidate…
By Nicholas Hamisevicz North Korea’s decision to launch a satellite in the midst of important regional political transitions underscores its disregard for building better relations with new leaders throughout its neighborhood. Rather than creating a favorable environment for South Korean presidential candidates who had been talking about re-engaging with the DPRK, Pyongyang has slammed the door…
By Chad O'Carroll With North Korea having conducted two long range rocket launches in a year, many analysts have been speculating as to why Pyongyang was so keen to try another launch just months after the last one ended in catastrophic failure. One straightforward theory suggests Pyongyang wants an inter-continental ballistic missile capability and that…
Independent candidate Ahn Cheol-soo withdrew from the South Korean presidential race Friday, giving his support to fellow left-leaning hopeful Moon Jae-in. This development clears the way for Moon Jae-in to face Park Geun-hye, the candidate for the governing Saenuri Party. Until Friday, Ahn had been working with Moon, of the Democratic United Party, to merge their…