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…

Recently released data from the Department of Commerce confirmed that the United States achieved record-level export of services to South Korea in 2018 – $24.5 billion. Combined with the trade…

We imagine North Korea as a country that is carrying on not only a conflict left over from the Cold War, but also a decrepit legacy economy from the past.…

The second summit between President Donald Trump and North Korean leader Kim Jong-un on February 27 and 28 ended without an agreement. The key difference in the two leaders’ negotiating…

As the complex negotiations between North Korea, the United States, and South Korea continue, it is worthwhile to review what the current U.S. presence on the Korean Peninsula looks like.…

By Troy Stangarone As Donald Trump beings to lay out more of his thinking on U.S. foreign policy, one issue that is gaining attention is his suggestion that the United States should remove its nuclear umbrella from South Korea and Japan and that these nations should be allowed to develop their own nuclear deterrent. Implementing…

By Nicholas Hamisevicz  February was another difficult month for inter-Korean relations. After a nuclear weapons test in January, North Korea then conducted a satellite launch that also served as a ballistic missile test. The Park Geun-hye administration in South Korea closed the Kaesong Industrial Complex (KIC) in response, leaving no continuous projects or connections left…

By Thomas Lee In the face of a North Korean missile volley protesting the recent passing of United Nations Security Council Resolution 2270, China has once again called for calm. This will undoubtedly anger some and lead many to question whether China’s resolve to earnestly and forcefully implement the sanctions is genuine. The new China-backed…

By Jenna Gibson In The Economist’s recent ranking of the best and worst places to be a working woman, South Korea did not fare well. In fact, it was considered last among OECD countries. In what they call their “glass-ceiling index,” The Economist ranked OECD countries along various measures related to women in the workforce,…