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 Troy Stangarone Every three years, the World Energy Congress brings together business and government leaders in the energy sector to discuss the challenges an economically vibrant and growing global economy faces as it works to meet increasing energy demands. This year’s conference in Daegu recently wrapped up and focused on the theme of “Securing…

By Linda Butcher Named as the most wired place on earth, it is no surprise that South Korea has faced many cybersecurity challenges with 2013 being one of its worst years. Unfortunately, at this time all that South Korea can do when dealing with cyberwarfare is play defense. Earlier this year, numerous South Korean websites…

By Andrew Kwon, Jara Jung-min Kim and Gyeong-eun Kim As cyberspace becomes a critical frontier in the international security landscape, it will no doubt emerge as a challenging dynamic for alliances built on pre-existing global paradigms. Perhaps the most sensitive to these changes, U.S. allies must now consider what unknown long-term ramifications cybersecurity will pose…

By Troy Stangarone The 2008 financial crisis began to raise questions about whether the United States was a waning power soon to be eclipsed by a rising China. Despite China’s economy still being less than half the size the United States at the time, its vast population and consistent high levels of growth made China…