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…

June 25, 2020 marks the 70th anniversary of the start of the Korean War. The conflict on the Korean Peninsula has been going on for so long that we sometimes…

2020 is starting off dramatically with the escalation of tensions in the Middle East – The world held its breath while the United States and Iran exchanged both blows and…

While it is frustrating to see North Korean projectiles flying out to sea and Pyongyang’s erratic, unpredictable reactions in negotiations, we cannot forget where things stood in 2017 – the…

30 years after the fall of the Berlin Wall, people’s aspiration to establish a pluralistic liberal democracy appears to be under scrutiny around the world – anti-immigration policies dominate political…

By Troy Stangarone On September 1 new trade figures for the month of August indicated that South Korea’s exports had dropped 14.7% year-on-year continuing a trend since January that has seen year-on-year monthly declines. Exports play significant role in the South Korean economy and have a value that is roughly half of South Korea’s GDP.…

By Jenna Gibson First coined in China in the 1990s, Hallyu literally means “Korean Wave” – meaning the wave of Korean TV shows, pop songs and even skincare products that has swept across Asia and beyond. Many have noted the existence of Hallyu, and since Psy made his famous debut on the world stage more…

By Bradley Sancken What do the Korean Demilitarized Zone (DMZ), Guantanamo Bay, and the Galapagos islands have in common? While two of the three serve important national security functions, all three share a quality that is unique and unlike anywhere else on the planet, vibrant untouched ecosystems that boast endangered and endemic species. Since the…

By Troy Stangarone In the aftermath of the recent tensions on the Korean peninsula some commentators have contended that South Korea is spinning the idea that North Korea apologized for maiming two South Korea soldiers when it didn’t directly claim responsibility for the act but merely expressed regret. An article in The Diplomat on this…