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…

  In this episode, we talk with Dr. Adam Cathcart of the University of Leeds and of Sino-NK about China-North Korea relations. Dr. Cathcart has just written an Academic Paper Series report…

      President Obama wasn’t the only leader who had to make important visits to multiple Asian countries this past April. Australia’s Prime Minister, Tony Abbott, had to make an important…

  The Francis Effect is everywhere. Time Magazine named Pope Francis their 2013 Person of the Year, another magazine dedicated specifically to covering Pope Francis has been started in Italy,…

Public opinion can help to both shape and inform public policy. A president with strong approval numbers across ideological divides has significant scope to make policy decisions. While a national…

What Happened Last week, South Korea’s top policymakers discussed plans for dealing with the country’s low birth rate and the falling size of the country’s working-age population. One proposed measure calls for extending after-school childcare services to encourage mothers to focus more on work. However, parents and teachers’ groups are criticizing the government’s plan saying what is really needed…

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…