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 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…