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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…
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 What should drive a summit meeting between the leaders of a divided nation such as Korea? The chance to heal an historical divide? The need to ease tensions and open dialogue between the two sides? The ability to move concrete policy goals forward in an effort to build a joint future? These…
By Jenna Gibson What interests you about this job? What are your greatest strengths and weaknesses? What are your measurements? One of these questions would raise red flags if asked by a potential employer here in the United States, but it is still relatively common in Korea. One woman who recently applied for a job…
By Nicholas Hamisevicz Throughout the month of October, the possibility of one event and the expectation of two others were prominent in inter-Korean relations. With North Korea celebrating the anniversary of its Workers Party on October 10, there was also some initial concern that the event would be marked by a missile launch or nuclear…
By Jenna Gibson Halloween as we know it in the United States is still not widely celebrated in South Korea. Trick or treating is limited to kindergarten parties and English hagwons, and you’re unlikely to see many jack-o-lanterns or skeletons decorating peoples’ homes. But in recent years some parts of the holiday have been gaining…