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Asia
April 2, 2025
January 4, 2024
December 19, 2023
November 30, 2023
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
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…
January 31, 2012
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…
January 5, 2012
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…
November 23, 2011
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…
October 28, 2011
By Nicholas Hamisevicz A year of transitions finishes in historic fashion as South Korea elects Park Geun-hye as its first female president. Her election capped off a series of democratic presidential elections that featured nicely at the beginning and end of this year of transitions, leading off with Ma Ying-jeou winning reelection in Taiwan. Yet…
December 21, 2012
By Clare Hubbard One indicator of the difficulty that North Korean defectors have in assimilating to life in South Korea is crime statistics. The crime rate among North Korean defectors in South Korea is more than twice that of the country’s overall crime rate of 4.3%. Defectors are also five times more likely to fall…
December 20, 2012
By Greg Scarlatoiu Regardless of the outcome of the upcoming December 19 presidential elections in South Korea, there will likely be changes in Seoul’s approach to North Korea. Since the shooting of South Korean tourist Park Wang-ja at Mount Kumgang in July 2008, inter-Korean exchanges have subsided, and inter-Korean tensions have been further exacerbated by…
December 18, 2012
Below are the key findings from the surveys conducted by Research and Research in November and December. Where applicable, dates the survey was conducted are in brackets. The presidential race between Park Geun-Hye and Moon Jae-In remained tight. As of December 12, 43.4% support Park, while 41.9% support Moon. Following Ahn Cheol-Soo’s exit from the…