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
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 Linda Butcher Known as the “Political Super Bowl,” the 2013 State of the Union Address by President Barack Obama did not disappoint. In the hours leading up to it, people guessed what would be discussed, which SOTU game they would partake in and who would be seated in FLOTUS’s box. But, in just less…
February 13, 2013
By Chad O’Carroll The DPRK’s nuclear weapons test today appears to act as a bandage for a number of wounds that have somehow yet to kill the Pyongyang regime. As the last outpost of quasi-Stalinism in the world, North Korea remains in a Cold War mindset when it comes to its increasingly acrimonious relations with…
February 12, 2013
By Troy Stangarone In the aftermath of Pyongyang’s third nuclear test the official Chinese news agency, Xinhua, issued a story on the needs to address the root causes of North Korea’s nuclear concerns. According to the story in Xinhua: "At a superficial level, it was Pyongyang that has repeatedly breached UN resolutions and used its…
February 12, 2013
By Chad O’Carroll With North Korea’s recent satellite launch highlighting the progressing state of Pyongyang’s long-range rocket capabilities and prospects of a third nuclear weapons test likely to show further advancements in that area, it is easy to forget about the DPRK’s conventional weapons technology. While the North Korean rocket and nuclear programs no doubt…