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Crisis Averted – For Now

This was a very interesting week in Washington – three seminal events happened (no, the visit of Prince Harry doesn’t count) that were linked in some fashion to the surprise resignation of House Speaker John Boehner announced last month.

The Korean and American Presidents Should Discuss Work-Family Balance Issues

Earlier this year in state of the nation addresses, both presidents stressed the importance of enhancing the lives of middle class families and their centrality to revitalizing their national economies. The work-family balance is no longer a matter of individual life, but a national (even global) issue that governments and policymakers should pick up and do something about.

How a Northeast Asian Development Bank Could Succeed

Still in the nascent stage of planning, a Northeast Asia Development Bank would serve as a multilateral development bank (MDB) to attract investment in Northeast Asia, specifically intending to incentivize the DPRK to denuclearize through access to external capital for development.

What to Expect during the Park-Obama Summit

With Washington still abuzz from recent visits of Chinese President Xi Jinping and His Holiness the Pope it is important for Washington to focus on the critical upcoming summit meeting between Presidents Obama and Park.

What Would a Fed Rate Rise Mean for South Korea?

The possibility of an increase of the federal funds rate for the first time since June 2006 has garnered much public attention, with policy heavyweights weighing in for and against a rate rise. At the core of concerns for the global economy is the prospect of capital flight from emerging markets to the U.S., as investors could receive higher yields with less risk.