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…

Spanning nearly a century and multiple generations, Min Jin Lee's 2017 novel Pachinko tells the story of a Korean family struggling to find their place in Japan before, during, and after…

A woman in hanbok joyfully rises above Mt. Baekdu, arms raised, in a art piece entitled Umma Rises: Towards Global Peace. This is just one of many recent art pieces…

A group of women gossiping about the new neighbor. A feisty middle schooler using a homemade drone to prank his classmates. A young military officer seeking information from his past.…

With President Donald Trump finishing up his first official trip to Asia, including a stop in South Korea last week, this week's episode of Korean Kontext asks: what do South…

By Anthony Kim With global economic recovery far from secure, many economies are at a critical juncture, and governments face decisive policy choices. Political and economic developments since the economic and financial turmoil in late 2008 have inspired a fundamental rethinking of the social contract between citizens and governments in many parts of the world.…

By Chad 0Carroll Rewind to April 1995, just one year after the death of Kim Il Sung, a nuclear crisis that nearly brought about war, and a time of biting economic hardship.  After such a long period of mourning, probably the last thing you would have expected to see taking place would be an international…

By Nicholas Hamisevicz Last month South Korea’s Defense Acquisition Program Administration (DAPA) commissioner Noh Dae-lae stated that DAPA had exceeded its defense exports goals last year and was now attempting to sell over $3 billion defense exports in 2012.  South Korea might have hit that $3 billion mark last year if it won a contract…

By Chad 0Carroll Kim Jong-nam made headlines last week with reports suggesting he was not comfortable with the third generation succession to his brother, Kim Jong-un.  It wasn’t the first time Kim Jong-nam’s name made the news, with previous reports showing his desire for reform, his unhappiness with DPRK military first policy, and even his…