Displaying all content tagged with the region Asia.
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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…
May 25, 2011
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,…
May 25, 2011
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…
May 25, 2011
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…
May 25, 2011
Strategically located at the crossroads of Central Asia, China, and Russia, Mongolia has long attracted the attention of regional powers – including the Koreas. How is this traditionally-nomadic, but resource-rich,…
November 5, 2019
Though hesitant to officially join the U.S. Indo-Pacific Strategy, South Korea is seeking to promote many of the same values through the Moon administration’s “New Southern Policy.” Central to this…
October 25, 2019
The U.S. Peace Corps was active in South Korea between 1961 and 1981. One of the many volunteers who served in South Korea was KEI president and CEO Kathleen Stephens.…
July 19, 2019
This month, the world was reminded once again that the relationship between the Republic of Korea and Japan is deeply fractious. Japan has imposed restrictions on the export of chemical…
July 12, 2019
What Happened The presidential candidate for the People’s Power Party, Yoon Suk-yeol, introduced an AI version of himself to demonstrate his intimacy with technology. In response, Democratic Party’s presidential candidate Lee Jae-myung created a chatbot that answers question about his campaign. Presidential candidate Kim Dong-yeon also introduced an Artificial Intelligence spokesperson to make it easier to engage with voters…
January 12, 2022
What Happened South Chungcheong Province is working with telecommunications firm KT Corporation to pilot artificial intelligence-based care robots that will aim to prevent suicide among people who live alone and deal with mental health problems. This project was created in response to the province’s suicide rate, which is one of the highest in the country. This event…
January 11, 2022
“[Kim Jong-un] stressed the need for the fishing industrial sector to conduct a work for catching more fish…” --From the report on the 4th Plenary Meeting of the 8th Central Committee of the WPK This year, the summary of the recently-convened Party Plenum stood in for Kim Jong-un’s new year’s address. The report sought to…
January 10, 2022
A curious feature of advanced industrial states is anxiety about the future of democracy, not only abroad but at home as well. These worries—encapsulated in the concept of backsliding--have been particularly evident in the United States following the challenges posed by the Trump administration. The bruising fight over Brexit in Britain and the rise of…