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…

What Happened In March, the Biden administration encouraged Seoul to increase trilateral cooperation with the U.S. and Japan. Biden’s first face-to-face meeting with an international leader occurred in April when Japanese Prime Minister Suga arrived in Washington. The U.S. president’s second in-person meeting with a world leader was with South Korean President Moon Jae-in on May 21. Implications: The White House…

What Happened In April, the Defense Ministry announced a new law that will compensate members of the Korean Liaison Office (KLO) that worked under the UN and United States during the Korean War. KLO veterans have no documented military record in South Korea because they performed clandestine operations under foreign command. The KLO was first brought to public attention…

What Happened In a May 10 speech, Moon explained that the opposition's mayoral victories in April reflected the public’s dissatisfaction with the ruling Democratic Party’s handling of the housing issue. In response, Moon promised to modify several housing policies. A poll from May 7 shows that many view the housing situation as one of the most important current issues, second…

By KEI Advisory Council President Joe Biden and President Moon Jae-in are scheduled to meet in Washington D.C. on May 21. For President Biden, this will be his second summit with a world leader following his meeting with Japanese Prime Minister Yoshihide Suga on April 16. Ahead of this engagement, KEI reached out to members…