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 Nicholas Hamisevicz There was an interesting contrast last week on the Korean peninsula as South Koreans went to the polls to democratically elect members for its National Assembly; conversely, North Korea had two meetings to put into place its new leadership structure. Unlike in South Korea where the results were difficult to predict, in…

By Troy Stangarone When members of the 19th National Assembly take their seats in Seoul a defector from North Korea will join them for the first time. As a candidate on the New Frontier Party’s proportional representation list, Cho Myung-chul became the first defector to win a seat in the National Assembly. Cho defected to…

By Luke Herman North Korea recently held a series of meetings to formalize leadership positions in the new regime. Kim Jong-il was named the Eternal Secretary General, while Kim Jong-un became the party’s First Secretary. Here is an updated Workers Party of Korea leadership chart.    

By Jack Pritchard There was a plausible scenario ready to work itself out with a successful launch of a missile by North Korea.  The Security Council would meet and issue a stern presidential statement condemning Pyongyang.  North Korea would push back rhetorically, claiming its sovereign right to space exploration while Beijing would send a high…