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…

Strategically located at the crossroads of Central Asia, China, and Russia, Mongolia has long attracted the attention of regional powers – including the Koreas. How is this traditionally-nomadic, but resource-rich,…

Though hesitant to officially join the U.S. Indo-Pacific Strategy, South Korea is seeking to promote many of the same values through the Moon administration’s “New Southern Policy.” Central to this…

The U.S. Peace Corps was active in South Korea between 1961 and 1981. One of the many volunteers who served in South Korea was KEI president and CEO Kathleen Stephens.…

This month, the world was reminded once again that the relationship between the Republic of Korea and Japan is deeply fractious. Japan has imposed restrictions on the export of chemical…

By Min Tae Chung South Korea is well known for its rapid economic growth with its post- Korean War development. Early in South Korea’s economic development, also known as “the miracle of the Han River,” the economy underwent constant and rapid growth that has elevated South Korea’s economy to the heights of one of the…

By Troy Stangarone North Korea and South Korea are different, but sometimes it takes a crisis in each country to draw those differences out. In many ways, the flooding in North Korea in September and the recent crisis at Samsung help to illustrate how different the two countries have become since they were divided after…

By Sungeun (Grace) Chung These days, college students graduate into a competitive job markets where a high unemployment rate and an oversupply of workers coexist. Yet the case of South Korea is extraordinary. Despite the miraculously rapid economic growth following the Korean War, which is referred to as the “Miracle on the Han River.” However,…

By Juni Kim Although not a focal point of the ongoing presidential campaigns, U.S. policy regarding the Korean peninsula has come up from time to time with both major party candidates Donald Trump and Hillary Clinton. With scant information on American public opinion regarding Korea and its importance, a recent survey by the Chicago Council…