The Shades of Time: An Exhibition from the Archive of Korean American Artists, Part Two: 1989-2001 was the second part of a larger project called "The Archive of Korean American Artists." While the first part of the exhibition had about 45 artists including Whanki Kim, Po Kim, Nam June Paik, and Ik-Joong Kang, the second part focused on younger generations now in their 40s, many of whom are video, mixed media, computer graphics, and installation artists. Among more than 200 artists of this generation, about 46 artists were invited to exhibit their pivotal works stemming from the periods of the 1990s and the early 2000s. Many of them were affected by global events such as the IMF bailout of Korea during the 1997 Asian financial crisis, the 1998 market crash by the dot com bubble, anxiety of the Millennium Bug (so called "Y2K") in 2000, and the catastrophic tragedy of 9/11 attacks.