1919 Posts located
Well-functioning capital markets should encourage private saving and investment by channeling surplus funds to reach their most productive uses. In the process, well-functioning capital markets create a diverse menu of…
During the 1972 U.S. presidential campaign, “Deep Throat,” later revealed to be Associate Director Mark Felt of the FBI, counseled Washington Post journalists Bob Woodward and Carl Bernstein to “follow…
After the Asian financial crisis of 1997, the Korean government geared up to carry out financial restructuring. As a result, the number of domestic financial institutions stood at almost half…
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…
In March, a curious protest took place in Seoul. Private kindergartens were going on strike. Protests by industry groups or workers are not uncommon in South Korea, but something about…
North Korea’s ambassador to the United Nations Kim Song demanded that the United States release a North Korean vessel that is currently held by authorities in American Samoa, warning that…
It’s been nearly one year since the Singapore Summit between President Trump and Kim Jong-un and the two countries are at an impasse. North Korea signals no intention of giving…
What if our understanding of North Korea is inadvertently colored by the very resources that we rely on to deepen our knowledge of the country? What does this say about our policies…
By Nicholas Hamisevicz Next week, President Lee Myung-bak and South Korea will host numerous leaders and heads-of-state from around the world for the 2012 Nuclear Security Summit. On the sidelines of the summit, President Lee will host approximately 27 bilateral meetings with various counterparts, including Prime Minister Manmohan Singh of India. After a year dedicated…
By Peter Crail The upcoming Nuclear Security Summit in Seoul will, for the second time, bring significant high-level attention to the threat of nuclear terrorism and the global responsibility of nuclear material security. World leaders have recognized that a nuclear terrorist attack anywhere would have global consequences, and that with enough nuclear material spread around…
By Ambassador Kim Young-mok Jeju Island is one of Korea’s most attractive tourist destinations for Koreans and foreign visitors. Its reputation of unique beauty and majesty has been widely known for a long time. Indeed, Jeju is a special place. Its distinct traditions, diverse flora, magnificent landscapes and what could only be described as playful…
By Sarah K. Yun On Friday, March 16, 2012, North Korea announced that it will launch a long-range rocket in April which will carry a “working” satellite. The Korean Central News Agency, North Korea’s state-run media, stated that the satellite named Kwangmyongsong-3 will “strictly abide by relevant international regulations and usage concerning the launch of…