The Korea Herald

[Shuli Ren] What Wuhan can teach New York from its missteps

ColumnistsMar 30, 2020

Is New York City the new Wuhan? In a matter of weeks, the city of 8.6 million has become the epicenter of the coronavirus outbreak in the US, with more than 23,000 cases and 365 deaths. Until a state...
[Mihir Sharma] Modi’s India shutdown is an unprecedented gamble

ColumnistsMar 29, 2020

Since 2016, when Prime Minister Narendra Modi announced at a prime-time television address that he was withdrawing most of India’s currency overnight, such speeches have been preceded by wild specula...
[Anjani Trivedi] Dollar squeeze coming for China Inc.

ColumnistsMar 27, 2020

Pummeled by the coronavirus, China Inc. now faces another disruption: a global shortage of dollars. Chinese companies are looking at $120 billion of debt repayments this year on their US dollar deno...
[Stephen L. Carter] Ethics of shopping in a pandemic

ColumnistsMar 24, 2020

When my local supermarket opened for business at 6 a.m. the other day, I had my plan of action in place. The instant the door was unlocked, I hurried to the pharmacy aisle, where I found, to my surpr...
[David Fickling] Looming fall of Gulf’s oil empire

ColumnistsMar 23, 2020

For much of the world, oil wealth is a curse. Endowed with ample reserves of hydrocarbons, the likes of Nigeria, Angola, Kazakhstan, Mexico and Venezuela frittered the benefits away. Only in the Per...
[Stephen Mihm] Roosevelt’s public-private alliance can help beat virus

ColumnistsMar 23, 2020

It would be charitable to describe the federal government’s response to the coronavirus pandemic as sloppy and uncoordinated. Thankfully, there is a model for an epic national comeback. It dates back...
[Ferdinando Giugliano] Euro area’s virus response still insufficient

ColumnistsMar 19, 2020

Christine Lagarde warned European leaders last week that the COVID-19 epidemic risked pushing the economy into a new 2008-style crisis. So far, the response from politicians to the president of the E...
[Pankaj Mishra] Get ready, a bigger disruption is coming

ColumnistsMar 18, 2020

As global supply chains break, airlines slash flights, borders rise within nation-states, stock exchanges convulse with fear, and recession looms over economies, from China to Germany, Australia to t...
[Lionel Laurent] Europe freezes economy to fight coronavirus

ColumnistsMar 18, 2020

Like the eye of a hurricane, the epicenter of coronavirus disease COVID-19 has shifted from Asia to Europe, bringing with it a rising toll of infections, deaths and economic damage. After a messy few...
[Tyler Cowen] Entertainment partial solution of COVID-19

ColumnistsMar 17, 2020

First the NBA postponed its season, with no immediate resumption in sight, and then March Madness was canceled. Broadway has been shuttered, along with other public entertainments across the country,...
[Stephen Mihm] Why the US doesn’t have enough hospital beds

ColumnistsMar 15, 2020

Hospitals often speak of what’s called “surge capacity” -- the ability to absorb a sudden influx of patients because of a terrorist attack, a natural disaster, or even, yes, a pandemic. Given the pos...
[Nisha Gopalan] SARS lessons inoculate HK against epidemic

ColumnistsMar 9, 2020

Hong Kong has fewer coronavirus cases than the US, Singapore or Italy. That might seem surprising for a city that sits on the doorstep of mainland China and has intertwining business, tourism and per...
[Clara Ferreira Marques] Coronavirus is human credit crunch

ColumnistsMar 8, 2020

It is the flow of people, as much as money, that keeps the global economy ticking over. It follows that a sudden halt to the movement of workers, shoppers and tourists should worry us just as much as...
[Andy Mukherjee] Hong Kong’s helicopter money struggles for lift

ColumnistsMar 5, 2020

If you’re raining cash on people and want them to spend it, you have to convince them that the benevolence is being financed by printing money. Nobody wants to worry about being taxed more in the fut...
[Faye Flam] How to prepare (rationally) for coronavirus

ColumnistsMar 5, 2020

About a month ago, I prepared for COVID-19, then just known as the coronavirus, by refilling some essential heart medications I was worried might run out if there were serious supply chain disruption...