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…

In this episode, Korean Kontext speaks with Ms. Jie-ae Sohn, President of Arirang TV & Radio, Korea’s first English language international broadcast system. Ms. Sohn worked as the former CNN…

Preventing Iran from acquiring nuclear weapons has emerged to be one of the key foreign policy priorities of the Obama administration. Despite efforts among Western powers to form a united…

By the time you read this, the KORUS FTA will have entered the implementation stage. To celebrate, Korean Kontext caught up with two of the main movers-and-shakers behind the deal…

This episode of Korean Kontext has a distinctly British flavor, featuring interviews with two leading Ambassador’s that work closely on UK and Korea related affairs. While recently in London, Korean…

This piece is one of 12 contributions to KEI's special project on South Korea’s nuclear armament debate that will run on The Peninsula blog over the next month. The project’s contributors include young, emerging, and mid-career voices, examining the debate from a historical, a domestic, and an international perspective. On Wednesday, March 15, KEI will host…

North Korea has continued to multiply its nuclear threats and strongly expressed its resolve to preemptively strike South Korea and the United States with nuclear weapons in the event of a crisis. In 2021, the North Korean regime developed tactical nuclear weapons targeting the Korean Peninsula and surrounding areas. It also documented conditions in which…

This is the second in a two part series looking at Korea's Indo-Pacific Strategy and the Indo-Pacific Strategies of other governments. The first part can be found here. In December of last year, President Yoon Suk Yeol released a key foreign policy document. The Strategy for a Free, Peaceful, and Prosperous Indo-Pacific Region outlines his…

This is the second in a two-part series looking at youth employment in Korea. Part 1 can be found here. Korea’s low youth employment rate reflects the mismatch between the education system and the labor market. The mismatch is driven in part by young people’s pursuit of higher education in hopes of obtaining a “Golden…