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 we speak with Doug Goudie, Director of International Trade Policy at the National Association of Manufacturers (NAM). Mr. Goudie draws from his experiences to share his perspective…

In this episode we hear from Tami Overby, Vice President for Asia at the U.S. Chamber of Commerce and former President of the American Chamber of Commerce in Korea. Ms.…

Now in its tenth year, KEI’s Opinion Leaders Seminar (OLS) is an annual gathering of some of the world’s foremost policymakers and scholars on the U.S.-South Korean alliance. In this…

An exclusive interview with Dr. Alon Levkowitz, author of the most recent edition of the Korea Economic Institute’s Academic Paper Series. His paper, titled “The Republic of Korea and the…

What Happened The South Korean Ministry of Gender Equality and Family announced plans to make it easier for a child to take either parent's surname at birth, alongside other changes. The announcement also included plans to conduct a public opinion survey on the ethics of having a baby through surrogacy and donating eggs and sperm to unmarried…

Korea has long worked to maintain at least cordial relationships that balance its larger neighbors. The global U.S.-China competition is the newest iteration of the challenge, with Seoul’s most important ally on one side and its largest trading partner on the other. Although domestic sentiment is souring on China, experts suggest South Korean government officials…

Nearly a year ago, President Moon Jae-in’s approval ratings were soaring on the strength of the South Korean government’s handling of the COVID-19 crisis, with some polls showing public approval above 70 percent. His party, the liberal Democratic Party, had also won a supermajority in the South Korea’s legislative body in April 2020. At the…

What Happened On April 20th, the National Assembly ratified three of the remaining four International Labor Organization (ILO) conventions that South Korea has not yet implemented. Moves to ratify the conventions were proposed in 2019, but progress was not made, as many conservative politicians and businesses opposed the changes. Despite ratifying these conventions, South Korea has not adopted the provision on…