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…

2018 has been an incredibly eventful year for both the Koreas and the U.S.-Korea relationship: from North Korea’s participation in the Winter Olympics at the start of the year to…

Interest in the Korean peninsula is generally very narrow in the United States – it tends to be focused on North Korea and security issues, particularly the country's ballistic and…

Last Friday, on November 30, 2018, President George H.W. Bush passed away. In the days that followed, there were many discussions in the foreign policy community about the late president's…

What does a unified Korea look like? Beyond the question of whether the government of this new country will be a unitary or federal one, how will the people –…

By Nicholas Hamisevicz In a recent column in the New York Times, David Brooks describes the contradictory nature of the Olympic Games to argue that those working in business and politics must be able to embrace and work with opposite impulses in order to be successful. He notes that the world is a contradictory place…

By Nick Miller When examining how China manages its relationship with North Korea one must understand the various factions within the elites and competing interests within the Chinese Communist Party (CCP) that shape how China responds to North Korea. How Decisions are Made in China Consensus-decision making Chinese leadership employs consensus decision making as no…

By Sarah K. Yun July 27, 2012 marks the 59th anniversary of the armistice agreement that put a pause to the three-year Korean War in 1953. Although the armistice is a significant and still-relevant document in Korean and world history, little attention is paid to the document due to a lack of institutionalization, the challenging…

By Joy Kim South Korea is currently the world’s 15th largest economy. This fact strikes many as amazing given that Korea’s Gross National Product (GNP) per capita increased by more than 243 times over the span of 50 years, from $82 in 1961 to $20,000 in 2006. The baby boom generation who were born in…