Economics

Anyone who has spent time in Korea knows the term Yellow Dust. Sand from Mongolia sweeps across China, picking up pollutants and carrying them across borders. Every spring, Koreans bring…

Last week, North Korea launched its Seventh Worker's Party Congress, a major meeting of regime leaders that has not been convened in 36 years. Although analysts had high expectations for…

In this episode, we take a step back from the Korean Peninsula and take a look at Northeast Asia from the perspective of one of its neighbors – Russia. In…

On May 1, South Korean President Park Geun-hye will travel to Tehran, Iran for a summit meeting with her counterpart, President Hassan Rouhani. This visit will be the first time a…

Donald Trump, his vice-presidential running mate J.D. Vance, and his prospective secretary of the Treasury Robert Lighthizer have all pointed to a weaker dollar as a solution to the competitiveness problems of US manufacturing. Their suggestions raise more questions than they answer, however. Is a weaker dollar, in fact, something that can be achieved? Would…

As the United States and South Korea move forward in advancing joint technological and industrial development, Q3 2024 witnessed a number of pivotal partnerships and deals across a wide range of industries as well as a plethora of high-level dialogues. The following is a timeline of major US-Korea partnerships and deals along with significant meetings…

The International Longshoremen’s Association (ILA) ended an East and Gulf Coast strike—its first strike since 1977—on October 3. Determined to receive substantial pay raises for workers, one of the ILA’s main points of contention was the role that automation may play in the industry as part of the overall progress in AI. Had it not…

While Tuesday night’s presidential debate between Vice President Kamala Harris and former President Donald Trump affirmed what we already know about the candidates’ stances on economic policy, it also helped narrow down the key economic issues on the docket. From the outset, both candidates offered their own respective visions to stabilize economic unpredictability. The Harris…

As disruptions in supply chains continue, what practical steps can the U.S. and Korea take to strengthen supply chains against future crises?