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.…

This is the second piece in a series looking at how the issues identified in KEI’s annual “10 Issues to Watch for on the Korean Peninsula” series and other issues of note developed in 2022. The original “10 Issues” piece can be found here. As we enter the new year, Korea-Japan relations seemed poised for a…

This is the first piece in a series looking at how the issues identified in KEI’s annual “10 Issues to Watch for on the Korean Peninsula” series and other issues of note developed in 2022. The original “10 Issues” piece can be found here. Even before the pandemic little information was provided by the North Korean…

Since the mid-2000s, successive U.S. and South Korean administrations have touted the transformation of the ROK-U.S. alliance. They often highlight how a once asymmetric, Cold War alliance, rooted in strong military and security ties and shared sacrifice during the Korean War, has grown to encompass shared democratic and free-market values. In effect, U.S. and ROK…

Of the approximately 70 missiles tested by Pyongyang this year, Chairman Kim Jong Un celebrated the November 18 test of the Hwasong 17 intercontinental ballistic missile as the "completion of the world’s strongest strategic weapon." In remarks carried by the Rodong Sinmun on November 27, he also said that the test underlined "our daily-growing military…