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 Phil Eskeland We have now completed six debates among the candidates vying to become the next president of the United States – four Republican and two Democrat debates.  There will be three more debates – possibly four – before the first votes are cast in Iowa to select the presidential nominees to represent the…

By Troy Stangarone What should drive a summit meeting between the leaders of a divided nation such as Korea? The chance to heal an historical divide? The need to ease tensions and open dialogue between the two sides? The ability to move concrete policy goals forward in an effort to build a joint future? These…

By Jenna Gibson What interests you about this job? What are your greatest strengths and weaknesses? What are your measurements? One of these questions would raise red flags if asked by a potential employer here in the United States, but it is still relatively common in Korea. One woman who recently applied for a job…

By Nicholas Hamisevicz Throughout the month of October, the possibility of one event and the expectation of two others were prominent in inter-Korean relations. With North Korea celebrating the anniversary of its Workers Party on October 10, there was also some initial concern that the event would be marked by a missile launch or nuclear…