Displaying all content tagged with the region Asia.
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Asia
In the press conference that followed the Singapore summit in June 2018, President Trump announced that he would stop the “war games” since they were costly and provocative. Subsequent large-scale…
April 23, 2020
As COVID-19 continues its global spread, the economic implications are anticipated to be significant. Depending on magnitude of spread, the fall in Korea’s real GDP is estimated at between 0.51%…
April 9, 2020
Under President Moon Jae-in, South Korea has set an ambitious target to move from being “first in the world” in the race to 5G to “first in global quality.” Yet,…
March 23, 2020
India and South Korea, Asia’s third- and fourth-largest economies, respectively, established a Comprehensive Economic Partnership Agreement (CEPA) in 2010 and upgraded their relationship to a special strategic partnership in 2015.…
March 16, 2020
Despite all the attention around the upcoming second summit between Donald Trump and Kim Jong-un, we in the United States still know very little about North Korea, its people, and…
February 22, 2019
As we approach the second US-DPRK Summit, the media in the United States is so focused on the dynamics between President Trump and Kim Jong-un that the interests and motivations…
February 15, 2019
When people talk about South Korea’s foreign policy, they are more often than not focused on how Seoul engages with its immediate neighbors on denuclearization. However, as a global trading…
February 8, 2019
Amid the maelstrom of the drama around diplomacy with North Korean, it’s easy to forget that South Korea and the United States are engaged in a fairly serious trade dispute…
February 1, 2019
During the week from May 28 to June 2, North Korea released over 1,000 large balloons across the demilitarized zone (DMZ) into South Korea. The balloons carried payloads of manure, cigarette butts, used batteries, cloth and plastic fragments, and lots of scrap paper (including used toilet paper). One report said that even dirty diapers were…
June 11, 2024
Questions of whether the K-pop market has peaked are hardly new. Concerns about market oversaturation have been raised since the inception of the third generation in 2012 when the number of groups that debuted annually more than tripled. New bands from industry powerhouses are not making the expected impact in sales, and there has been…
June 10, 2024
The Ninth Korea-Japan-China Trilateral Leader Summit, hosted in Seoul on May 27, marked the first meeting since the annual event went on hiatus after 2019. Amidst a shifting global economic order, its proclamations affirmed continued trade relations with China by Korea and Japan and brought a new sense of dynamism to economic cooperation among the…
June 6, 2024
The semi-annual OECD Economic Outlook released in May projects that global GDP growth will remain around 3 percent in 2024 and 2025, shown below in Figure 1. The report’s outlook reflects the continued impact of tight monetary conditions. Nevertheless, the report cites several positive trends, such as falling inflation and improving private-sector confidence. With unemployment…