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 Kyle Ferrier The Federal Reserve’s move to increase its benchmark interest rate hardly came as a surprise. Though the March 15 rate increase is only the third since the Global Financial Crisis of 2008, it is the second in three months and we are likely to see at least two more incremental rises this…

By Mark Tokola When dealing with a country with a leadership that is as singularly top-down as North Korea, it is worthwhile to try to understand what makes their leader tick.  If we understood Kim Jong-un’s goals, preferences, and biases, we would be in a better position to understand whether negotiations on denuclearization are possible,…

By Troy Stangarone After three months of deliberations, the Constitutional Court has unanimously accepted the National Assembly’s impeachment of President Park Geun-hye. Since the scandal surrounding President Park and her confidant Choi Soon-sil first broke last fall, South Korea has gone through an extended political crisis. Protesters have gone to the streets in record numbers…

By Jaeho Jeon More and more Koreans are saying that they don’t trust Korean companies. The anti-corporate sentiment has existed in the past, but it is spreading more rapidly after the ‘Choi Soon-sil scandal.’ According to a survey by Edelman, a communications marketing firm, last month only 29 percent of Koreans said they trust corporations.…