Asia

International oil prices have risen dramatically, raising the possibility of a “third oil shock.” During the first oil crisis in 1973, the annual average price soared to $85/barrel (bbl) in…

After more than two years of negotiation, false starts, and delay, Korea announced in April its intention to fully open its market to imports of U.S. beef, subject to finalization…

For Korea watchers—and particularly for those of us who worked closely on events associated with President Lee’s visit to Washington—April was a very rewarding month. After multiple protocol meetings, site…

As reported in the previous issue of Korea Insight (“The Bulldozer Moves In: Lee Myung-bak is Inaugurated as the Republic of Korea’s President”), President Lee moved to streamline the government…

Despite being industrial powerhouses, Korea and Japan are both resource-poor nations with limited domestic sources of energy. Powering their economies required both to develop supply chains for fossil fuels, nuclear…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

By Nicholas Hamisevicz For a month often associated with summer doldrums, a lot of things were happening on the Korean peninsula in August 2014. Events such as Pope Francis’s visit to South Korea, the joint U.S.-South Korea military exercises, a clash between the two Koreas in the West Sea, negotiations over the North Korean cheerleaders…

By Joseph Dahl Two pieces of Congressional legislation, while still in their nascent stages, have the potential to reshape U.S. policy on North Korea. A bill known as H.R. 1771, or the North Korean Sanctions Enforcement Act of 2014, recently passed the House, and a bill specifically addressing North Korea’s human rights was introduced by…

Troy Stangarone of the Korea Economic Institute of America (KEI) recently interviewed Jérome Sauvage, the Deputy Director of the United Nations Development Program’s Representation Office in Washington, DC and previously the UN Coordinator in the DPRK, on the humanitarian situation in North Korea for KEI’s Korean Kontext podcast series. In the interview, Deputy Director Sauvage…

By Kenneth Lee In recent years, the United States expressed interested in deploying the Theater High Altitude Area Defense missile system or THAAD, onto the Korean peninsula to counter North Korea’s growing missile threats.  Earlier in June, General Curtis Scaparrotti of United States Forces Korea was quoted in Yonhap News saying he personally “recommended the…