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 of Korean Kontext, I have the opportunity to speak with Richard V. Allen, who, in the weeks preceding his official instatement as National Security Advisor to President-elect…

In this episode we hear from author Mike Kim, who speaks with Korean Kontext about his experiences living and working with North Korean refugees on the China-North Korea border. Mike…

We bring the Korean Kontext studio to the U.S. Department of State to speak with Kathleen Stephens, current U.S. Ambassador to South Korea. Ambassador Stephens shares with us her personal…

In this episode we speak with Ambassador John Everard, who served as Ambassador of Great Britain to North Korea from 2006-2008. Ambassador Everard experienced firsthand life as one of only…

It will take time for the ramifications of Russia’s invasion of Ukraine to become apparent, but we can see already that military force has, at least for the moment, swept aside international norms and diplomacy. The implications are not just European but global. Who now is going to convince Kim Jong-un that the world is…

Despite being thousands of miles apart, the Korean Peninsula and Ukraine share a land border with Russia. Given their respective ties to Moscow, both South and North Korean governments have toed around the sidelines of the Ukraine crisis—with Seoul publicly supporting a diplomatic solution while quietly considering additional humanitarian aid to Kyiv, and Pyongyang issuing…

The Ukraine accounts for 11.8% of the world’s wheat market and has long been known as the “breadbasket of Europe.” However, the potential outbreak of conflict between Russia and the Ukraine has implications for Ukraine’s wheat trade with all nations, including South Korea. The Ukraine is the 2nd largest exporter of wheat to South Korea,…

North Korea’s Supreme People’s Assembly, the country’s parliament, adopted the government budget for the new year at its session February 6-7.  The budget law was approved with a pledge to develop the economy and improve the people’s wellbeing despite the “persevering struggle” against international sanctions and the COVID pandemic. A particularly noteworthy aspect of the…