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
As a result of more South Koreans choosing to stay at home since the start of the pandemic, Netflix saw its subscribers soar in the country. This rise in demand has prompted the streaming giant to invest USD 500 million in creating new Korean content and cement its position as a leader in the Korean streaming market.…
July 5, 2021
What Happened Lawmakers have proposed two new bills to ban the discrimination of individuals based on gender, ethnicity, age, and other identities. A petition calling for the bill to be brought to the National Assembly’s Legislation and Judiciary Committee has gained traction, receiving over 100,000 signatures within 30 days. Even with overwhelming support from the public, anti-discrimination laws have…
July 2, 2021
What Happened South Korea plans to resume in-person classes for all students in the fall. Ahead of this full reopening, the government expanded the maximum in-person attendance for middle school students in the Seoul metropolitan area in mid-June. This decision comes on the heels of a new study that showed declining academic achievement levels among some middle school students. Implications: The…
July 1, 2021
Taiwan is one of the most sensitive issues concerning China, so it was with some surprise to see it raised at the U.S.-ROK summit held in May. Underscoring shared support for the rules-based international order, the joint statement released after the summit said: “President Biden and President Moon emphasize the importance of preserving peace and…