Displaying all content tagged with the region Asia.
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Asia
January 4, 2024
December 19, 2023
November 30, 2023
November 30, 2023
The financial panic of late 2008 and the global economic recession that followed has been the greatest economic shock since World War II. While North Asia was caught up in…
May 25, 2011
East Asia is an area where real economic activities are closely linked. The brisk trade in goods and services among East Asian countries shows a well-integrated East Asian economy. Most…
May 25, 2011
A common problem facing students of the economy of the Democratic People’s Republic of Korea (DPRK) is the shortage of available statistics. It is extremely challenging to procure DPRK data,…
May 25, 2011
In the wake of the fall of Lehman Brothers, in the fourth quarter of 2008 and the first quarter of 2009 Korea was faced with its biggest economic challenge since…
May 25, 2011
North Korea is putting on a tough face as the world confronts the COVID-19 pandemic. Authorities in Pyongyang continue to reassure the rest of the world that nothing is wrong…
July 24, 2020
Looking back on the Korean War, one might assume that the outbreak of a violent conflict that killed millions of people would preclude the possibility of a peaceful resolution of…
July 10, 2020
It would not be an exaggeration to claim that the Korean War shaped world history. There had been bloodshed elsewhere that bookmarked the start of the bitter conflict between the…
July 3, 2020
The international force that answered the United Nation’s call to defend the Republic of Korea between 1950 and 1953 did more than engage in combat with North Korean and Chinese…
June 26, 2020
Upon his election, president-elect Yoon Suk-yeol vowed to turn South Korea into a leading digital economy befitting the era of Digital Earth. In addition to the physical relocation of the presidential office from the Blue House to the Ministry of National Defense in Yongsan, the upcoming Yoon administration is looking to transition into a “digital…
April 26, 2022
The widely publicized shortage of semiconductor chips – a remnant of the pandemic supply chain disruptions – faces new challenges from the ongoing Russia-Ukraine conflict. Eastern Europe is the largest supplier of industrial, rare gasses that are crucial to semiconductor production in South Korea. Conflict-caused supply disruptions open the door for other nations to fill…
April 22, 2022
Russia’s invasion of Ukraine is having a serious impact on the global economic recovery from the COVID-19 pandemic. After a 3.6% drop in 2020, world GDP rebounded with 6.1% growth in 2021 (Table 1), reflecting progress in controlling the coronavirus and exceptionally strong fiscal and monetary measures to offset the impact of the pandemic. In…
April 20, 2022
There is a long tradition of considering North Korean leaders’ public appearances as a potential source of information on the regime’s priorities (see for example: Haggard, Herman, and Ryu; Pyo and Hur; Kim and Lee). We now have ten full years of this data for Kim Jong-un through the South Korea Ministry of Unification portal,…