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…

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…

In this episode of Korean Kontext, guest host Kyle Ferrier, KEI's director of academic affairs and research, sits down with Korea Society President Tom Byrne. Before joining the Korea Society…

It started in 2009 with a few audio lessons. Within just six years, Talk to Me in Korean has grown into a huge hit, with millions of listeners from all…

Since the death of Kim Il-sung in 1994 there have been numerous predictions that the collapse of the North Korean political system would be imminent, yet the Kim dynasty continues…

By Troy Stangarone North Korea has conducted its fifth nuclear test, the second test in less than a year. In combination with its efforts to advance its ballistic missile programs and develop second strike capabilities, Pyongyang has demonstrated that it is committed to developing a usable nuclear warhead in spite of international pressure to halt…

By William Brown The short answer is yes, but probably not the way Kim Jong-un was thinking.  An increase in the domestic use of U.S. dollars, brought on by lack of trust in the North Korean won, at last seems to be stabilizing Pyongyang’s monetary system and may be creating an environment conducive to normal…

By Jenna Gibson and Chris Hurst The discovery of a unicorn lair, the execution of Kim Jong Un’s uncle by a pack of rabid dogs, and a decree that all North Korean men must copy Kim Jong Un’s haircut. All of these were stories that were widely covered in mainstream Western news outlets. And all…

By Travis Lindsay U.S.-ROK military exercises have been a key piece of the American presence on the Korean peninsula for more than half a century. Exercise “Chugi” kicked off in the autumn of 1955, and has since evolved into the well-known “Key Resolve”, “Foal Eagle”, and “Ulchi Freedom Guardian” exercises that take place in the…