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
Although it is happening more rapidly in South Korea, an aging society is a common feature in post-industrial societies around the world. With the number of retirees growing and the…
May 3, 2019
In March, Seoul suffered from the worst air pollution on record. Enough that the South Korean government has officially designated the problem as a "social disaster." But what is causing…
April 26, 2019
Over the past few years, Korea and Koreans have experienced incredible political, social, and diplomatic shifts. It is hard keeping up with all these new developments as a Korea Watcher,…
April 22, 2019
Even before the meeting between President Trump and Kim Jong-un in Hanoi, foreign policy practitioners and observers were talking about the difficulties of sequencing international sanctions relief for North Korea…
April 12, 2019
By Nicholas Hamisevicz After the New Year’s announcements by Park Geun-hye and Kim Jong-un, there is a lot of anticipation and analysis for the year ahead in inter-Korean relations. However, many of the issues that plagued the two sides in 2014 remain as hurdles for 2015. Looking back could give insights to help improve the…
January 7, 2015
By Troy Stangarone In its first public response to North Korea’s suspected cyber attack on Sony, the Obama Administration announced new financial sanctions on three North Korean entities and ten individuals related to North Korea’s defense industry. While the sanctions may have some short-to-medium term impact on North Korea financially, they are only likely a…
January 5, 2015
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…