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
When Kim Jong-il died in 2011, the world held its breath as North Korea entered uncharted waters. No other communist dictatorship in the last century – for that matter no…
July 5, 2019
On June 25, 1950, North Korea launched a surprise invasion of South Korea and started a war that is still technically ongoing. But it was – as North Korea’s Kim…
June 28, 2019
The North Korean economy is changing – we know this because of widely reported growth of private markets since the famine of 1990s. But black markets and illicit activities are…
June 14, 2019
In May, The Korean-born Los Angeles Dodgers’ pitcher Ryu Hyun-jin was named The National League Pitcher of the Month. When you think of Asians and baseball, you might think first…
June 7, 2019
With the field of presidential candidates narrowed down to three, here is a look at some of the more recent comments by Hillary Clinton, Bernie Sanders, and Donald Trump on the Korean peninsula. Hillary Clinton February 4, 2016, MSNBC Democratic Debate In response to a question about the biggest national security threat to the…
May 17, 2016
By Thomas Lee The 1987 presidential election marked the first free national election in Korea since Park Chung-hee’s coup d’état in 1961. This election saw three contentious candidates: Noh Tae-woo, Kim Dae-jung, and Kim Young-sam. Due to a dispute between Kim Young-sam and Kim Dae-jung, the unified opposition ticket collapsed and they ran against each…
May 13, 2016
By Mark Tokola The Republic of Korea and the State of Israel have a lot in common: both were founded in 1948, both had to fight for their early existence, both have succeeded despite a lack of natural resources, both are lively democracies, and both are among America’s closest allies. On May 14th, the anniversary…
May 12, 2016
KEI Communications Director Jenna Gibson, host of Korean Kontext, recently interviewed Bruce Klingner of the Heritage Foundation on North Korea’s recent Workers Party Congress, the first since 1980. The following is a partial transcript of that conversation. The rest of the conversation can be found at http://keia.podbean.com/. Jenna Gibson: This week has all been about North…