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…

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 Andrew Kwon According to reports, this past weekend’s Xi-Obama Summit went “terrific.” While the two leaders spoke on sensitive issues, like cyber attacks, they found additional common ground on North Korea. They agreed to continue to pressure North Korea on its nuclear ambitions, but how far is China willing to go? In the past few…

By Troy Stangarone With K-Pop finally making its global breakout with Psy’s international smash hit Gangnam Style, one might have expected there to be a residual effect on how people around the world see South Korea. However, a recent poll by the BBC [1]on global views of 16 countries and the EU found South Korea…

By Troy Stangarone After December’s satellite launch, February’s nuclear test, and months of talk of war, is North Korea finally beginning to turn the corner in the first full scale crisis under Kim Jong-un? As was previously documented on The Peninsula, despite the increasingly provocative rhetoric coming out of Pyongyang in recent months, there was…

By Park Jinho In the aftermath of a successful summit meeting between Korea and the U.S., the Park Geun-hye administration is preparing for a summit meeting with Chinese President Xi Jinping. The key strategic points to consider are how to define Korea’s role and which responsibilities to share with China and the U.S. as well.…