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…

In this episode we speak with Doug Goudie, Director of International Trade Policy at the National Association of Manufacturers (NAM). Mr. Goudie draws from his experiences to share his perspective…

In this episode we hear from Tami Overby, Vice President for Asia at the U.S. Chamber of Commerce and former President of the American Chamber of Commerce in Korea. Ms.…

Now in its tenth year, KEI’s Opinion Leaders Seminar (OLS) is an annual gathering of some of the world’s foremost policymakers and scholars on the U.S.-South Korean alliance. In this…

An exclusive interview with Dr. Alon Levkowitz, author of the most recent edition of the Korea Economic Institute’s Academic Paper Series. His paper, titled “The Republic of Korea and the…

By Nicholas Hamisevicz In November, both Koreas continued to demonstrate a willingness for inter-Korean contact while also maintaining a commitment to improve security. Military actions over the past few months have not scuttled opportunities for dialogue. Inter-Korean talks in November led to scheduling talks set for December 11 at the vice minister level. The two…

By Matt Sullivan On October 22, 2015, the U.S. House Committee on Foreign Affairs held a subcommittee hearing on whether to designate North Korea as a state sponsor of terrorism. This hearing is only a small part of a much-larger debate on how to deal with North Korea’s proliferation of WMD material as well as…

By Kyle Ferrier This year's G-20 summit in Antalya, Turkey may best remembered for the inclusion of non-economic issues in response to the terror attacks in Paris and the migrant crisis in Europe, but the final agreement also reflects the work of officials from participating governments since late last year.  In a previous post I…

By Troy Stangarone After rumors that UN Secretary General Ban Ki-moon would soon travel to North Korea were followed by denials that any trip was in the works, the Secretary General’s office acknowledged that discussions were ongoing for him to visit North Korea. Much as with his proposed trip to Kaesong earlier this year, any…