Displaying all content tagged with the region Asia.
1984 Posts located
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…
This episode, Korean Kontext speaks to Phillipe Cousteau JR, chief spokesperson for the USA Pavillion at the 2012 Yeosu Exposition. With the overall theme of the expo named “The Living…
Our latest edition of Korean Kontext focuses on the recent death of Kim Jong-il and the prospects for North Korea under the stewardship of his son, Kim Jong-un. In this…
Ever wondered why someone might be motivated to spend their summer vacation in the DPRK, or interested to learn about the guides that accompany visitors during a stay in North…
In this episode, Chad 0Carroll speaks with “TK” (”The Korean”), the man behind the must-read blog, “Ask a Korean”. TK has been running his blog for five years and it…
By Adam Cathcart, Roger Cavazos, and Nathan Beauchamp-Mustafaga No one knows if Kim Jong-un’s favorite films extend into the acerbic oeuvre of Peter Sellers, but the young North Korean dictator’s behavior indicates that he might indeed be taking one such film as inspiration. At various key moments at the end of 2012 and into the…
By Nicholas Hamisevicz Earlier this week the United Nations Security Council (UNSC) finally responded to North Korea’s December 12th rocket launch with a new resolution. Predictably, North Korea reacted angrily with statements, including one attributed to its National Defense Commission (NDC). The NDC statement specifically targeted the United States as a problem and as a…
By Seongjin James Ahn While some were disappointed earlier this month that South Korea’s central bank decided against easing up on nation’s key interest rate, the Bank of Korea’s decision is exactly what the economy needs in this moment: prudence and restraint. Indeed, lowering the interest rate would have helped spur on South Korea’s economy…
By Nicholas Hamisevicz As countries in Asia emerge from this year of elections and transitions, the role and rise of China in the region will remain a top priority. For most of these countries, significant emphasis has been placed on the importance of positive U.S.-China relations in the region. This is especially true for South…