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, Korean Kontext speaks with Ms. Jie-ae Sohn, President of Arirang TV & Radio, Korea’s first English language international broadcast system. Ms. Sohn worked as the former CNN…

Preventing Iran from acquiring nuclear weapons has emerged to be one of the key foreign policy priorities of the Obama administration. Despite efforts among Western powers to form a united…

By the time you read this, the KORUS FTA will have entered the implementation stage. To celebrate, Korean Kontext caught up with two of the main movers-and-shakers behind the deal…

This episode of Korean Kontext has a distinctly British flavor, featuring interviews with two leading Ambassador’s that work closely on UK and Korea related affairs. While recently in London, Korean…

By Troy Stangarone One of the keys to attracting international investors to the Kaesong Industrial Complex is reducing the political risk of making an investment in the complex and providing a stable business environment. Since the reopening of Kaesong last year, only the German manufacturer, Groz-Beckert, has decided to take that risk. However, a new…

By Troy Stangarone At first glance, the prospect of a summit meeting between Kim Jong-un and Vladimir Putin makes sense. Both Russia and North Korea find themselves increasingly isolated internationally and a summit meeting presents a potential opportunity to demonstrate that they are not as isolated as some may believe. However, below the surface, a…

By Phil Eskeland On August 1, 1975, 35 nations representing the rival Eastern and Western bloc alliances[1] signed an accord that created the Conference on Security and Cooperation in Europe (CSCE) designed to reduce tensions and promote dialogue during the height of the Cold War as part of the “détente” policy of the 1970’s.  The…

By Troy Stangarone South Korea’s ambition to become a regional free trade hub in East Asia took another step towards reality as South Korea and China announced the outline of a conclusion of their bilateral FTA negotiations at the opening of the 2014 APEC summit. Once the FTA has been implemented, Korea will find itself…