2004 Posts located
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…
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,…
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…
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…
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…
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.…
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…
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.…
The September 15 KEI-Woodrow Wilson Center program on my trip to North Korea with Charles Armstrong (Columbia University) and James Person (Wilson Center) received much Korean media attention. The program showed over a hundred photos from the group's 4000-5000 pictures taken of daily life in Pyongyang and other citiesin North Korea. Below are links to…
On June 8 - 18, KEI Vice President, Abraham Kim, visited North Korea with a group of American Asia experts. The purpose of the trip was to analyze the efficacy of sanctions, conditions in the cities/countryside, the integration of technology, the prevalance of cell phones and political conditions. The slide presentation were shown at the GRS Annual Conference in…