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 Peter Crail The upcoming Nuclear Security Summit in Seoul will, for the second time, bring significant high-level attention to the threat of nuclear terrorism and the global responsibility of nuclear material security. World leaders have recognized that a nuclear terrorist attack anywhere would have global consequences, and that with enough nuclear material spread around…

By Ambassador Kim Young-mok  Jeju Island is one of Korea’s most attractive tourist destinations for Koreans and foreign visitors. Its reputation of unique beauty and majesty has been widely known for a long time. Indeed, Jeju is a special place. Its distinct traditions, diverse flora, magnificent landscapes and what could only be described as playful…

By Sarah K. Yun On Friday, March 16, 2012, North Korea announced that it will launch a long-range rocket in April which will carry a “working” satellite. The Korean Central News Agency, North Korea’s state-run media, stated that the satellite named Kwangmyongsong-3 will “strictly abide by relevant international regulations and usage concerning the launch of…

By Chad O'Carroll In 2012 South Korea will hold elections for both the National Assembly and the presidency, the first time that both votes will be in held during the same year in several decades. With South Korean president’s being limited to a maximum term of five years, Lee Myung-bak will be ending his term in…