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Economics

Displaying all content tagged with the theme Economics.
758 Posts located

At the Korea Economic Institute of America (KEI), we foster connections to advance United States-Republic of Korea ties. Through bringing together people with an interest in topics of importance to…

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Region: Asia

July 30, 2021

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…

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Region: Asia

July 30, 2021

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…

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Region: Asia

July 30, 2021

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…

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Region: Asia

July 30, 2021

30 years after the fall of the Berlin Wall, people’s aspiration to establish a pluralistic liberal democracy appears to be under scrutiny around the world – anti-immigration policies dominate political…

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Region: Asia

November 8, 2019

Strategically located at the crossroads of Central Asia, China, and Russia, Mongolia has long attracted the attention of regional powers – including the Koreas. How is this traditionally-nomadic, but resource-rich,…

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Region: Asia
Topic: Energy

November 5, 2019

Though hesitant to officially join the U.S. Indo-Pacific Strategy, South Korea is seeking to promote many of the same values through the Moon administration’s “New Southern Policy.” Central to this…

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Region: Asia

October 25, 2019

This month, the world was reminded once again that the relationship between the Republic of Korea and Japan is deeply fractious. Japan has imposed restrictions on the export of chemical…

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Region: Asia

July 12, 2019

Although the South Korean government strongly advised the public to stay home during Chuseok—Korea’s Thanksgiving—it was estimated that the population movement increased by 5 percent during this year’s holiday compared to the last. As the public eagerly waits for Covid-19 to subside and travel restrictions to be lifted, popular Southeast Asian destinations including Thailand’s Phuket…

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Region: Asia

October 6, 2021

What Happened In 2019 July, Japan imposed export restrictions on sensitive chemicals which South Korean industries need to produce semiconductors and electronic gadgets. Japan’s export restrictions by Japan and retaliatory public boycotts on Japanese products from Korean consumers have persisted longer than any other disputes before. Two years after the start of this dispute, Korea is less dependent on Japan for…

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Region: Asia

October 5, 2021

North Korea’s real GDP fell by 4.5% in 2020, according to the estimate announced by the Bank of Korea (BoK) at the end of July (Figure 1). It was the steepest decline since 1997 during the “Arduous March,” when North Korea was hit by famine. The downturn last year was caused in part by measures to contain…

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Region: Asia

October 1, 2021

What Happened On September 16, the National Police Agency announced that they are planning to release a new public safety strategy by October 2021. This strategy includes launching a task force to study the use of robots for street patrol. The military has also stated that it wants to incorporate “moving robots” and an artificial intelligence (AI) surveillance system…

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Region: Asia

September 30, 2021