North Korea’s Difficulties Coping with COVID-19
The government of North Korea continues to report that it has no cases of COVID-19. In its most recent submission to the World Health Organization…
South Korea Focuses its Sights on South America
South Korea aims to expand trade partnerships with South American countries, building on ongoing efforts to diversify the number of trade partners.
Korea’s Participation in RCEP is Likely to be Beneficial
On November 15th, fifteen countries signed the Regional Comprehensive Economic Partnership (RCEP), the world’s largest free trade agreement. It includes the ten ASEAN countries and some…
What Will RCEP Mean for South Korea?
On Sunday November 15 the countries party to the Regional Comprehensive Economic Partnership (RCEP) announced that trade negotiations had successfully concluded after several years of…
North Korea’s Trade with China Continues to Collapse from COVID-19
North Korea’s decision to enact strict border controls at the onset of the COVID-19 outbreak in China continues to have a significant effect on trade.
Disrupting Supply Chains: Evidence on the Japan-Korea Conflict
The economic success of the Asia-Pacific has rested in no small measure on its finely-tuned supply chains.
Small and Medium Enterprises In the Spotlight as Efficient Exporters
The response to the global pandemic has helped shift the narrative around small and medium enterprises, presenting them as more efficient exporters than their larger peers.
North Korean Coal Smuggling, Still Profitable
North Korea’s trade deficit can be partially explained by the revenue generated from Pyongyang’s illicit exports of coal exports.
Domestic Labor Market Faces Coronavirus Headwinds
Economic uncertainties created by the coronavirus revealed that skilled workers in the manufacturing sector face more risks than other groups in the labor market.
The Strait of Hormuz and South Korea’s “Balanced Diplomacy”
South Korean government is trying to accommodate external and internal political constraints with its deployment of troops to the Strait of Hormuz.