Asia

The COVID-19 pandemic has been the most significant economic disruption to the international economy since the Great Depression. The IMF estimates that the global economy contracted by 3.5 percent last…

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…

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.…

Finding accurate and current information about North Korea has always been difficult, but steps taken by Pyongyang in an effort to deal with the COVID pandemic have made the problem of getting information about the North even more difficult.  A key source of first-hand information on the ground has been supplied by refugees who have…

The latest OECD Economic Outlook, released on November 22nd, paints a grim picture of the world economy. Russia’s war against Ukraine has resulted in a significant energy price shock similar in magnitude to those seen in the 1970s (Figure 1). High inflation has spread across countries and products, prompting central breaks to raise interest rates,…

In recent days, North Korea’s human rights abuses were again debated at the United Nations and a resolution critical of Pyongyang is being circulated for consideration.  North Korea’s human rights record has been debated and a resolution critical of the government in Pyongyang has been adopted by the UN General Assembly every year since December…

At the end of September, the Republic of Korea attended a meeting of the Partners in the Blue Pacific (PBP). The initiative, led by the U.S., Australia, Japan, and Britain, aims at working with states in Oceania on advancing regional development. Ahead of the meeting, the Korean government was equivocal to the initiative. "Nothing has…