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…
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…
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…
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…
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…
The New Southern Policy Plus (NSP Plus) was announced by President Moon Jae-in at the 21st ASEAN-ROK Summit on November 12, 2020. While maintaining emphasis on economic partnerships, the NSP Plus identifies collective recovery from the Covid-19 pandemic and sustainability as critical areas for cooperation. It expands on the original NSP’s three-pillar framework of “People,…
One prominent strand of North Korea watching takes the form of tracking individual personnel movements: the ups and downs associated with retirements, purges and the promotion of new favorites. Yet there is persistent doubt about whether these movements are really consequential, particularly in a highly personalist political system. We can get a somewhat more rounded…
What Happened Named “Operation Miracle,” 391 Afghans who helped the Korean government’s activities in Afghanistan were brought to Korea as “persons with special merit” - but not as refugees. President Moon Jae-in said the successful evacuation was “highly recognized by the international community” and hopes that it will serve as an opportunity to better establish South…
In South Korea, culture plays an active role in developing industries – and industries help further promote Korean culture. Developments in the “metaverse” show us how this partnership operates. In response to the pandemic, companies are building online worlds where people can interact with other users through a virtual character (think about using a multiplayer…