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.

Local Governments Further Expand Their Policy Scope

In response to fee increases by private food delivery apps, local governments are becoming direct participants in the service industry.

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.

Economic Impact of International Spread of COVID-19

North Korea and the COVID Crisis: The Sanctions Angle

China and South Korea are best positioned to play a role in helping North Korea, and should exploit the discretion they are being given to...

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...

South Korea and a COVID-19 Financial Crisis: Part 2 – Tools and Cooperation

The strength of Korean institutions has enabled administrations to identify external risks and pursue policies to prepare for a COVID-19 financial crisis.

Korean Agriculture’s Dependence on Migrant Workers

Travel restrictions that were imposed to contain the ongoing pandemic revealed how reliant South Korea's agriculture industry is on foreign labor.

South Korea and a COVID-19 Financial Crisis: Part 1 – The Risks

As a country that has been particularly impacted by financial crises in the past two decades, South Korea continues to face significant risks.

South Korea’s 5G Ambitions

Korean Tourism Industry Hit Harder by Coronavirus than SARS or MERS

There are already indications that Korea’s tourism industry will be hit harder by the coronavirus than by prior infectious diseases such as SARS and MERS.

Coronavirus Weakens Labor Unions

Coronavirus is changing the labor-management relationship in major Korean retail companies as public policy focus turns to minimizing the economic fallout of the epidemic.

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.

An Adversarial Media? Or Bad Public Policy?

The government’s focus on attracting media cooperation reveals the administration’s belief that previous real estate policies had been scuttled by bad publicity.