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 Juni Kim When gazing over the nighttime cityscapes of Seoul, one would be hard-pressed to miss the scores of red neon crosses that stretch across the city. Found on the tops of church steeples and multi-purpose buildings, this familiar sight exists in practically every metropolitan area in South Korea. Daytime strolls through the same neighborhoods…

By Nicholas Hamisevicz After the month of August featured shooting, shouting, and a negotiated joint statement, September mainly focused on laying the groundwork necessary to implement the August 25 agreement or to scuttle it. The two Koreas were able to agree on family visits scheduled for October 20-26. However, the last half of September saw…

With Germany marking the 25th anniversary of unification this is the first part of a five part series looking at insights from the German unification experience for the Korean peninsula. Part II on political unification can be found here. Part III on integrating the bureaucracy and the military can be found here. Part IV on the social challenges of unification can…

By Lilka Marino Recent tensions along the Demilitarized Zone have been notable for one reason: North Korea launched rockets at loudspeakers that broadcasted an array of propaganda from regional and international news, weather reports, and economic updates from both sides of the border. Curiously enough, the program also included certain K-pop songs chosen for their…