Asia

Seong-Hyon Lee argues that the trilateral relationship between South Korea, Japan, and China is currently at a critical juncture as historical legacies, territorial disputes, and the evolving geopolitical landscape pose…

This introduction provides a broader framework for the first four papers in this issue of Korea Policy by examining five distinct ways or areas wherein trade and investment intersect with…

This paper examines the concept of “derisking” and how the Japanese Economic Security Promotion Act (ESPA) has responded to it within the framework of deterrence theory. It explores how ESPA…

When Kim Jong-il died in 2011, the world held its breath as North Korea entered uncharted waters. No other communist dictatorship in the last century – for that matter no…

On June 25, 1950, North Korea launched a surprise invasion of South Korea and started a war that is still technically ongoing. But it was – as North Korea’s Kim…

The North Korean economy is changing – we know this because of widely reported growth of private markets since the famine of 1990s. But black markets and illicit activities are…

In May, The Korean-born Los Angeles Dodgers’ pitcher Ryu Hyun-jin was named The National League Pitcher of the Month. When you think of Asians and baseball, you might think first…

There are a plethora of studies on South Korea as a middle power. Some argue Korea needs to change to fit the term, some reinvent the term to fit Korea, and still others just use the term without questioning. Very few ask why we bother at all. The modern term “middle power” is an historically…

Korea has faced persistent labor shortages since the late 1980s, centered on small and medium-sized enterprises (SMEs), which tend to pay low wages for low-skilled, non-regular jobs. SMEs have faced increasing difficulty in replacing retiring workers with young people, given the large education gap between generations. In 2021, 69% of the population aged 25 to…

The drop in Korea’s total fertility rate to 0.78 in 2022 has heightened concerns about the impact of rapid population aging and decline. Despite numerous government initiatives, such as introducing free early childhood education and care in 2012, the fertility rate has continued to edge down. Korea’s median age jumped from 33.6 years in 2005…

On July 18, 2023, U.S. Army soldier Pvt Travis King, who was on a civilian tour of the DMZ (Demilitarized Zone that marks the boundary between South Korea and North Korea) bolted from the tour group and sprinted onto the North Korean side of the boundary.  He was chased by soldiers guarding the south side…