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…

For many years, South Korea has been a homogeneous country. But with more foreigners coming to live in Korea, that is starting to change. In fact, the Korea Institute for…

In early July, the United States and South Korea announced that they had come to an agreement to deploy the Terminal High Altitude Area Defense (THAAD) system near the city…

With Election 2016 well underway, KEI's very own Phil Eskeland has been closely following how both the Republican and Democratic parties have been talking about foreign policy and Asia. He…

In the late 1930s, nearly 200,000 ethnic Koreans were forcibly removed from the Soviet Far East, packed into trains and sent to Central Asia. More than 70 years later, their…

What Happened Shipping terminals in Busan are struggling to find cargo space for their clients because global carriers are prioritizing goods from China’s factory belt over those from South Korea. The trade disruption caused by the pandemic led to a reduction in the number of available shipping containers in Asia. The lack of shipping containers is especially hitting smaller…

What Happened With increased financial digitization, Korean banks are shutting down their brick and mortar stores around the country. Throughout the pandemic, the elderly have struggled to access basic items such as masks using digital tools. More recently, their inability to quickly claim leftover vaccines through an online system left them at a disadvantage compared to the younger, tech-savvy population. Implications:…

Earlier this week, the North Korean Foreign Ministry released an article entitled “‘Humanitarian Aid’ Should Not Be Abused For Sinister Political Purpose.”  The article was given wide circulation—released by the Foreign Ministry and also the official press agency KCNA.  In a country where the media is rigidly controlled by the regime, the release of such…

With so many South Koreans adopting information and communication technology, the South Korean government used the data collected from its citizens to provide better public services. However, its success and other developments may be weakening the political support behind data privacy. Since the outbreak of COVID-19, public health officials have adopted technologies like quick response (QR)…