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Today’s global economy is highly interconnected and interdependent. Supply chains across the world are finely tuned to deliver parts just when they are needed, so that companies and industries do…
Japan led, and was transformed, by the global supply chain revolution. Facing growing protectionism in industrialized markets and reeling from sharp yen appreciation in the aftermath of the 1985 Plaza…
The U.S.-China trade war and the pandemic have had a profound impact on cross-border supply chains. In the past few years of U.S.-China tensions, China has been accused of engaging…
China is India’s largest source of imports, nearly 15 percent of which are sourced from China. Many of India’s major imports—electrical machinery, electronic and semiconductor devices, fertilizers, antibiotics, iron and…
Despite being industrial powerhouses, Korea and Japan are both resource-poor nations with limited domestic sources of energy. Powering their economies required both to develop supply chains for fossil fuels, nuclear…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…
South Korea stands at a critical demographic juncture, facing a declining birthrate that has far-reaching implications for its economy and society. The increasingly severe demographic trends have pushed the government and society to consider which policy measures might offset the social and economic consequences of demographic decline. Fertility quickly declined from an average of six…
The number of North Korean refugees fleeing their homeland and reaching South Korea for resettlement has increased during the first nine months of 2023, though the numbers are still far below the number of refugees that reached South Korea in the previous decade. At the same time, disturbing reports indicate that China is forcibly returning…
The world is turning its attention to China’s economy and Korea is taking note. The South Korean Ministry of Finance put together an all-government task force to respond to the potential negative effects of the downfall of China’s largest property developer, Evergrande, which recently cancelled the restructuring of more than $19 billion of debt affecting…
Words and labels have power. They can frame the way we think, fortify assumptions, and build expectations. They also obfuscate and mislead. In academic, diplomatic and media settings, the routine descriptor to contextualize South Korea’s role in the world is “middle power.” We rarely think deeply about the term and are prone to ignore its…