September 24, 2026
Market-oriented theorizing fails to capture the reality of government intervention in the global economy. Trade and investment measures by governments around the globe, designed to protect strategic industries and maintain security of supply in the wake of a return to strategic competition, are emblematic of the need to shift our analysis of the global economy. […]
April 13, 2026
APEC has undergone a significant evolution since its founding more than three decades ago, but given its original commitment to open regionalism and co-operation among countries of diverse levels of economic development, it now faces perhaps its greatest challenge as the Trump administration upends the global trade order. Despite this, it’s also clear that the […]
September 3, 2024
The renewed focus on the trilateral relationship involving China, Japan and South Korea following their May summit can be seen from the perspective of a dynamic evolution of ‘minilateral’ arrangements in the region. These have sometimes come at the expense of multilateral arrangements, which have been a hallmark of the post Second World War international […]
April 3, 2024
Industrial policy has long been used by developing countries to promote industries through broad import substitution industrialization efforts.
April 3, 2024
The rise of “new economic statecraft”—intervention in trade and investment for foreign policy reasons—is increasingly threatening the stability of the global economic system.
November 3, 2023
Seventy years after the initial signing of the alliance agreement between the Republic of Korea and the US, and after Presidents Yoon Suk Yeol and Joe Biden this year committed to strengthening the relationship, what does partnership in the 2020s and beyond really mean? Amid a year of firsts—August’s first-ever trilateral summit between the Republic […]
August 23, 2023
On Aug. 9, President Joe Biden declared (via executive order) a national emergency associated with the development of artificial intelligence, semiconductor, and quantum computing technology critical for “military, intelligence, surveillance, or cyber-enabled capabilities” in “countries of concern” (read: China).
March 6, 2023
The use of economic tools in the pursuit of national-security interests has surged in the wake of growing geopolitical tensions, especially the rivalry between China and the US.
March 6, 2023
Supported by the Institute of East Asian Studies, the Social Science Matrix, the Centerfor Chinese Studies, and the Center for Korean Studies. The articles in this newsletter reflect the work that BASC has been doing on these fronts over the last year. To begin, we are pleased to present two adapted versions of published articles […]