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…

Not everyone in Korea or foreigners abroad want to hear about national advertising initiatives that focus on mainstream issues like K-Pop, Hallyu or ancient Korean Kimchi culture. Instead, many want…

On January 11, 2013, the Korea Economic Institute of America recently led Washington DC’s celebration of Korean American Day by hosting a luncheon event to honor two Korean Americans for…

With North Korea announcing to the world that it will be attempting to launch a second satellite for 2012, many analysts have been speculating as to why Pyongyang is so…

In this episode we spoke to The Economist’s South Korea correspondent, Daniel Tudor. Having been based in Korea for over a decade, Tudor has just finished writing one of the…

By William Brown Any hopes that last spring’s “toughest ever” UN Security Council sanctions would cripple North Korea’s economy are likely to be dashed by recently released Chinese customs data.  An August surge in Chinese exports to North Korea, up 41 percent from a low point a year ago, and a 16 percent boost in…

By Maria Rosaria Coduti On September 9, the day of the anniversary of the founding of the Democratic People’s Republic of Korea (DPRK, or North Korea) by Kim Il Sung, Pyongyang conducted its fifth underground nuclear test at the site of Punggye-ri, in the Northeastern region of the country. The U.S. Geological Survey (USGS) detected…

By Phil Eskeland Last night’s debate between former Secretary of State Hillary Clinton and businessman Donald Trump highlights trade as a top tier political issue in the upcoming U.S. presidential election.  In past general election presidential debates, trade was barely mentioned.  This time, trade was front and center. With recent polling showing more Americans, particularly…

By Christopher Hurst As the residents of Gyeongju began cleaning up the damage caused by two powerful earthquakes earlier this month, a 4.5 magnitude aftershock struck on September 19. The tremors began on September 12 at 7:44 pm local time, when a 5.1 magnitude earthquake jolted Gyeongju. Less than an hour later there was a…