2004 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…
Hello again after the holiday break! Just before the holidays I spoke with Hawon Lee, who was just wrapping up his nearly four years as Washington D.C. Bureau Chief of…
In this episode we speak with Mr. Ken E. Gause, currently a senior research analyst with the International Affairs Group and Iranian Studies Program at CNA Strategic Studies in Alexandria,…
In this episode, we are joined by Balbina Hwang, currently a visiting professor at Georgetown University and the National Defense University here in D.C. Ms. Hwang is here to speak…
This episode takes us directly into the office of Ambassador Han Duk-Soo, Ambassador of the Republic of Korea to the United States, who shares his thoughts on the much-anticipated G-20…
By Nicholas Hamisevicz On December 26, Japan’s Prime Minister Abe Shinzo visited the Yasukuni Shrine, a memorial Shinto shrine that honors Japanese war dead, including fourteen Class-A war criminals. The visit is unlikely to do much harm to Abe domestically, but foreign policy in the region will be a casualty. The visit confirms South Korean and Chinese perceptions…
By Nicholas Hamisevicz It looks like South Korea’s National Intelligence Service (NIS) got it right when they suggested to National Assembly members that Jang Song Taek had been removed from his leadership posts in North Korea. Kim Jong-un made it very clear and very public that Jang Song Taek was out of favor and out…
By Nicholas Hamisevicz After South Korea’s National Intelligence Service (NIS) told National Assembly members Jang Song Taek had been removed from his positions of power in North Korea, more stories have surfaced that, if true, would mean the NIS is on to something. South Korean media recently reported that Jang Song Taek’s money man had…
By Phil Eskeland Last October, the prestigious Gallup organization released a study1 that reported on the level of employee engagement in the workplace based on surveys performed during 2011 and 2012 in more than 140 countries. The aim of this study was to encourage companies and policymakers to support initiatives to increase the number of…