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…

What Happened Survey from the Organisation for Economic Co-operation and Development (OECD) showed that Korea’s fertility rate was 0.92 in 2019, lowest among member countries. Data from September 2021 revealed that the birth rate dropped 6.7% compared to the same time last year. Although the South Korean government has offered cash incentives for parents, the policy has…

What Happened Newspapers criticized a female police officer who fled the scene of a stabbing. The incident reignited debate over the capability of women to serve in the police force. But the incident also comes amid growing criticism of police competence and growing calls to improve the training of its personnel. Implications: Discussions of broad social issues are increasingly being scrutinized…

Koreans head to the polls in March to elect the next president of the Republic of Korea. Current President Moon Jae-in is not permitted to stand again, and the election to choose his successor will be a close one. Polls conducted in recent weeks give Yoon Seok-youl of the conservative People Power Party a lead,…

What makes a great story? One metric might be the narrator’s ability to convey an impactful social commentary alongside the personal struggles of the protagonists. With this in mind, Korea View offers a movie recommendation for the holiday season. It is on the gory side (viewer discretion advised) but one that you will find reflecting…