Displaying all content tagged with the region Asia.
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1985 Posts located
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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
By Nicholas Hamisevicz After the disappointment of not getting a high-level meeting following the Incheon Asian Games agreement, it looked like inter-Korean relations would remain stalled until 2015. However, South Korea preempted North Korea’s traditional New Year’s Day announcement by requesting an inter-Korean meeting early in 2015. The request helped the Park Geun-hye administration seize…
January 1, 2015
By Nicholas Hamisevicz Dennis Rodman and Seth Rogen have made the same mistake on North Korea. Both have mistakenly viewed North Korea as a helpless entity. Rodman viewed North Korea as so helpless that all it needed was someone to talk to, play basketball with, and sing “Happy Birthday” to its leader. Rogen saw North…
December 23, 2014
By Troy Stangarone North Korea’s cyber attack on Sony Pictures Entertainment and the subsequent threats to target theaters that screened “The Interview” have had a chilling effect beyond Sony’s decision not to release it on Christmas day. The decision to withdraw “The Interview” from release has raised important questions regarding freedom of speech and how…
December 19, 2014
By Nicholas Hamisevicz As October faded away, the hopes for an early November high-level meeting as promised after an inter-Korean meeting during the closing of the Asian Games faded as well when North Korea informed South Korea via fax that it would not meet due to the balloons being sent by South Korean activists into…