Asia

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…

Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (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 Sarah K. Yun Traditionally, Korea’s major diplomatic and trade partners consisted of the United States, Japan, China, Europe, and Russia. Under President Lee Myung-bak’s “New Asia Initiative,” Korea has boosted its engagements in the Asia-Pacific, especially smaller neighbors in the region. The rationale is that Korea can serve as an excellent and non-threatening model…

By Chad 0Carroll With North Korea making a number of concessions related to its nuclear and long-range missile programs last week in Beijing, it now looks like a road-map back to the Six Party Talks is emerging.  For its part, the U.S. reaffirmed important positions regarding its intent and commitment to previous agreements with Pyongyang. …

By Caryn Fisher In 2009, a report released by the World Health Organization stated that the suicide rate for South Korea had risen to 31.0 (per 100,000), more than double what it had been only ten years earlier and giving South Korea the second highest suicide rate out of the 107 countries listed by WHO,…

By Nicholas Hamisevicz We now know that the “modest progress” after the U.S’s first meeting with North Korea after the death of Kim Jong-il actually meant that a deal regarding food aid, missile launches, and nuclear tests would be forthcoming. The statement on U.S.-DPRK discussions released today by the U.S. Department of State entails an…