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
Despite differences in political ideology, South Korea’s relationship with Vietnam has deepened and evolved since formal diplomatic relations were established in 1992. Trade and economic investment have grown substantially, and the two countries have upgraded their bilateral relationship from a “dialogue partnership” to a “strategic partnership.” Next year’s 30th anniversary of South Korea’s diplomatic relations…
June 7, 2021
At the end of May, President Moon Jae-in of South Korea held his first in-person meeting with President Joe Biden at the White House. The joint statement released by the U.S. indicates that the leaders discussed a wide range of areas to deepen cooperation between the U.S. and South Korea, from climate change and COVID-19,…
June 4, 2021
What Happened On May 21, Moon Jae-in and Joe Biden met to discuss the US-ROK alliance, vaccine partnerships, supply chains, and North Korea. Shortly after the summit, Moon announced a joint agreement on removing guidelines that limit the distance South Korean missiles can travel. The move is seen as a path for South Korea to develop greater sovereignty over its domestic…
June 3, 2021
The summit between President Joe Biden and President Moon Jae-in on May 21 was a resounding success. Substantively and symbolically they reaffirmed the important strategic and economic relationship between Seoul and Washington. But at the same time, they carefully avoided the differences between the two on how to proceed in dealing with North Korea, particularly…