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
Recently released data from the Department of Commerce confirmed that the United States achieved record-level export of services to South Korea in 2018 – $24.5 billion. Combined with the trade…
April 5, 2019
We imagine North Korea as a country that is carrying on not only a conflict left over from the Cold War, but also a decrepit legacy economy from the past.…
March 29, 2019
The second summit between President Donald Trump and North Korean leader Kim Jong-un on February 27 and 28 ended without an agreement. The key difference in the two leaders’ negotiating…
March 8, 2019
As the complex negotiations between North Korea, the United States, and South Korea continue, it is worthwhile to review what the current U.S. presence on the Korean Peninsula looks like.…
March 5, 2019
By Jessica Choi A few days ago, I went to my friend’s favorite local Japanese sushi bar for the first time, and I noticed that there was bulgogi (Korean beef bbq) on the menu. My interest was piqued, so I decided to try speaking Korean to the waitress. Lo and behold, it turns out that…
September 28, 2012
By Jae-kyung Park Early last month, the U.S. Department of State and the Ministry of Foreign Affairs of China exchanged harsh words publically on the issue of South China Sea. On August 3, the U.S. State Department issued a press statement with the heading of ‘South China Sea’. The words therein are carefully and considerately crafted,…
September 26, 2012
Speculation Remains After North Korea’s Supreme People’s Assembly Fails to Announce Economic Reforms
By Nicholas Hamisevicz Initial KCNA and other reports about the September 25, 2012 Supreme People’s Assembly (SPA) meeting indicate North Korea has made no public announcement on economic or agricultural reforms as anticipated by numerous press articles and North Korea watchers. Proclamations following the meeting emphasized changes to North Korea’s education system. Thus, those that…
September 26, 2012
Despite Ahn Cheol-soo formally entering the race for president, his poll numbers did not see a bounce in the first Asan Institute for Policy Studies poll out since his announcement on September 19. This week's addition of the Asan Institute poll includes additional data at the end related to how South Korean's view his candidacy. …