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.…

“[Kim Jong-un] stressed the need for the fishing industrial sector to conduct a work for catching more fish…” --From the report on the 4th Plenary Meeting of the 8th Central Committee of the WPK This year, the summary of the recently-convened Party Plenum stood in for Kim Jong-un’s new year’s address. The report sought to…

A curious feature of advanced industrial states is anxiety about the future of democracy, not only abroad but at home as well. These worries—encapsulated in the concept of backsliding--have been particularly evident in the United States following the challenges posed by the Trump administration. The bruising fight over Brexit in Britain and the rise of…

Korea is expected to apply later this year for membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a trade agreement between eleven states in the Indo-Pacific. One signatory of the agreement is Japan, raising fears that bilateral tensions may encourage Tokyo to oppose Seoul's bid. But noting their shared membership in another…

The AUKUS trilateral security partnership among Australia, the United Kingdom and the United States has been received with much international attention, as well as concern. Under the pact, Australia has been formally granted capacity as a third country to acquire nuclear-powered submarines—the first of such case since the 1958 Mutual Defense Agreement between the US…