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Asia

Displaying all content tagged with the region Asia.
2004 Posts located

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…

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Region: Asia

July 30, 2021

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…

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Region: Asia

July 30, 2021

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…

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Region: Asia

July 30, 2021

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…

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Region: Asia

When Kim Jong-il died in 2011, the world held its breath as North Korea entered uncharted waters. No other communist dictatorship in the last century – for that matter no…

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Region: Asia
Topic: Inter-Korean

July 5, 2019

On June 25, 1950, North Korea launched a surprise invasion of South Korea and started a war that is still technically ongoing. But it was – as North Korea’s Kim…

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Region: Asia

June 28, 2019

The North Korean economy is changing – we know this because of widely reported growth of private markets since the famine of 1990s. But black markets and illicit activities are…

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Region: Asia

June 14, 2019

In May, The Korean-born Los Angeles Dodgers’ pitcher Ryu Hyun-jin was named The National League Pitcher of the Month. When you think of Asians and baseball, you might think first…

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Region: Asia

June 7, 2019

What Happened South Korea will ease entry restrictions for migrant workers as long as they have been vaccinated and have negative COVID test results. Small and medium-sized businesses in rural Korea have complained about labor shortages due to the sharp drop in the number of migrant workers during the pandemic. In 2020, the death of a Cambodian migrant worker on a…

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Region: Asia

November 9, 2021

Heads of government of the world’s 20 largest economies met in Rome for their annual G20 economic summit last week.  The G20 member countries together account for more than 80% of the world GDP, 75% of global trade, and 60% of the world’s population.  Although the organization’s 2020 summit was held virtually because of the…

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Region: Asia

November 5, 2021

According to the statistics from Korean Customs Service, Korean food product exports reached a record high with USD 4.3 billion shipments in 2020. This largest-ever increase in food exports (14.6%) came despite an overall decrease in total Korean export goods. In particular, the export of rice products and ramen soared by 53.3% to USD 37 million…

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Region: Asia

November 4, 2021

What Happened In March, the municipal government of Seoul ended its mandate for all foreign workers to be tested for COVID-19 after drawing criticism from lawmakers, activists, and foreign embassies. Observers commented that local health policies targeting Korea’s international community may harm the country’s engagements abroad. Ahead of Halloween, the Ministry of Health and Welfare announced plans to make special inspections…

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Region: Asia

November 3, 2021