Asia

Korea’s money market includes the call market as well as markets for monetary stabilization bonds (MSBs), negotiable certifi cates of deposit (CDs), repurchase agreements (repos), commercial paper (CP), and cover…

This article investigates the progress in corporate governance reform in Korea since 1997 as well as current corporate governance challenges. It focuses on corporate governance issues and, as such, does…

According to a preliminary estimate by the Bank of Korea on 4 January 2008, Korea’s per capita gross domestic product (GDP) and per capita gross national income (GNI), which adjusts…

The year 2007 displayed remarkable progress in Korea-U.S. economic relations on many different levels. At the global level, our two countries have worked closely together to meet international challenges. For…

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…

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…

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…

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…

By Nicholas Hamisevicz In their first two years, Kim Jong-un and the collective leadership in North Korea have found various ways to kill the momentum of positive interaction with North Korea’s neighbors. While Pyongyang has given with one hand with the recent return of its workers to the Kaesong Industrial Complex (KIC), it has taken…

By Jongsung Kim, Ph.D. Earlier this month, the Strategy and Finance Committee in the Republic of Korea’s National Assembly held a hearing on the household debt policies (가계부채 정책  청문회) in Korea. The rising household debt in Korea is a critical issue, and a clear symbol of its importance was the high level of government…

By Jinho Park An intense political debate is currently taking place in South Korea on reforming the National Intelligence Service (NIS). The current controversy over intelligence reform is somewhat unique in that it is not caused by an intelligence failure, but rather by its alleged interference with the 2012 presidential election. Further adding to the…

By Andrew Kwon According to reports, this past weekend’s Xi-Obama Summit went “terrific.” While the two leaders spoke on sensitive issues, like cyber attacks, they found additional common ground on North Korea. They agreed to continue to pressure North Korea on its nuclear ambitions, but how far is China willing to go? In the past few…