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…

With Washington DC stuck in a snowstorm, please enjoy this episode of Korean Kontext originally published in 2012.   B.R. Myers is the author of “The Cleanest Race” and regular…

Every January, KEI publishes its predictions for the 10 issues to watch for on the Korean Peninsula in the coming year. Then, in December, we revisit our predictions to see…

North Korea watchers have been trying for years to understand the inner workings of the reclusive regime. With the country launching its 4th nuclear test this week, recognizing the structure and…

Every year on January 13, the Korea Economic Institute of America (KEI) sponsors a luncheon in Washington, DC to mark Korean American Day and recognize the local and national Korean…

By Troy Stangarone On May 1, South Korean President Park Geun-hye will travel to Iran for a three-day summit with the newly emerging regional power. Her visit will represent the first summit meeting between Iran and South Korea since the two nations established relations in 1962. However, while relations with Iran hold significant promise with…

By Eunjung Lim On April 13, 2016, the legislative election for the 20th National Assembly of South Korea (hereafter Korea) was held. Like many Korean dramas that have earned popularity across different continents, this election was full of dramatic turnovers that made Korea experts on the other side of the world, in Washington, D.C., surprised…

By Jenna Gibson Walking down one of Seoul’s many shopping streets, sandwiched between food carts and two-story portraits of the latest k-pop phenom, store clerks hover, calling out to the crowds as they pass by in various foreign languages. “Ohayo gozaimasu! Nihao! Hello! Come in! Big sale today!” They know their audience – tourists in…

By William Brown China surprised many Washington pundits by signing on in February to what looks like fairly tough trade sanctions on North Korea.  Most importantly, it agreed to put a halt to its purchases of coal and metal ores to the extent that these provide foreign exchange to North Korea’s military and to the…