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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…
The government of North Korea continues to report that it has no cases of COVID-19. In its most recent submission to the World Health Organization on April 1, Pyongyang reported that it had tested a total of 23,121 people for the coronavirus as of April 1. It said that all results were negative. For a…
What Happened During a speech commemorating the 1948 Jeju Uprising, Moon Jae-in highlighted a recently-revised National Assembly bill that will strengthen compensation for victims of this historical event. This is the fourth year in a row that Moon has spoken in a ceremony recognizing the Jeju Uprising and its victims, and he is the second president to…
By Stephan Haggard A review of Guns, Guerillas and the Great Leader by Benjamin Young (Stanford University Press, 2021) A recent trend in the diplomatic history of the postwar period is to de-center the focus on the major powers and pay more attention to how developing countries forged relations with one another. Reflective of this…
What Happened During recent talks, the Chinese FM raised the idea of joint dialogue to reach a political resolution between North and South Korea. China also voiced support for South Korea’s goals of peace and denuclearization of the Korean Peninsula. The two foreign ministers discussed holding a future 2+2 meeting with diplomatic and security officials from…