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
In this episode of Korean Kontext, I have the opportunity to speak with Richard V. Allen, who, in the weeks preceding his official instatement as National Security Advisor to President-elect…
June 21, 2011
In this episode we hear from author Mike Kim, who speaks with Korean Kontext about his experiences living and working with North Korean refugees on the China-North Korea border. Mike…
May 2, 2011
We bring the Korean Kontext studio to the U.S. Department of State to speak with Kathleen Stephens, current U.S. Ambassador to South Korea. Ambassador Stephens shares with us her personal…
February 18, 2011
In this episode we speak with Ambassador John Everard, who served as Ambassador of Great Britain to North Korea from 2006-2008. Ambassador Everard experienced firsthand life as one of only…
February 7, 2011
By Kyle Ferrier In a 2014 speech in Dresden attempting to apply lessons from German unification to the Korean Peninsula South Korean President Park Geun Hye introduced the possibility for a Northeast Asian Development Bank. Still in the nascent stage of planning, it would serve as a multilateral development bank (MDB) to attract investment in…
October 9, 2015
By Juni Kim When gazing over the nighttime cityscapes of Seoul, one would be hard-pressed to miss the scores of red neon crosses that stretch across the city. Found on the tops of church steeples and multi-purpose buildings, this familiar sight exists in practically every metropolitan area in South Korea. Daytime strolls through the same neighborhoods…
October 8, 2015
By Nicholas Hamisevicz After the month of August featured shooting, shouting, and a negotiated joint statement, September mainly focused on laying the groundwork necessary to implement the August 25 agreement or to scuttle it. The two Koreas were able to agree on family visits scheduled for October 20-26. However, the last half of September saw…
October 8, 2015
With Germany marking the 25th anniversary of unification this is the first part of a five part series looking at insights from the German unification experience for the Korean peninsula. Part II on political unification can be found here. Part III on integrating the bureaucracy and the military can be found here. Part IV on the social challenges of unification can…