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…

Despite being industrial powerhouses, Korea and Japan are both resource-poor nations with limited domestic sources of energy. Powering their economies required both to develop supply chains for fossil fuels, nuclear…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

Taiwan is one of the most sensitive issues concerning China, so it was with some surprise to see it raised at the U.S.-ROK summit held in May. Underscoring shared support for the rules-based international order, the joint statement released after the summit said: “President Biden and President Moon emphasize the importance of preserving peace and…

What Happened On June 7, the Anti-Corruption and Civil Rights Commission announced it discovered 16 cases of suspicious land transactions involving 12 lawmakers from the ruling Democratic Party (DP) – potentially suggesting their involvement in a speculation scheme. Although the commission said it was unable to release the DP lawmakers’ names, the DP leadership decided to release their names…

Outside observers sometimes interpret the adoption of South Korean pop culture trends by North Korea’s state-sanctioned outlets as symbols of the regime buckling under the internal demand for change. The implicit hope is that cultural imitation of South Korea will lead to Pyongyang’s liberalization in other areas, particularly the economy and the political structure. People…

What Happened Internet company Naver’s labor union is publicly criticizing the company’s management after one of its employees took his own life due to excessive workloads and workplace harassment. Other companies have also struggled to create a stable and safe workplace environment, evident in recent strikes protesting overwork in other industries. Gig workers, or “irregular workers,” have received even fewer protections…