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…

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.…

You’ve probably heard the Korean War referred to as an unfinished conflict – but that’s not just a reference to the frozen war on the Peninsula. The sudden outbreak of…

We often talk about whether the sanctions against North Korea are working. And we have spoken occasionally on this very podcast about the ways North Korea also cheats and gets…

In this week's Asan Institute for Policy Studies polling President Lee Myung-bak saw his approval rating slowly rise back above 30 percent by the end of the week. In the presidential race Moon Jae-in passed Ahn Cheol-soo as the favored candidate of progressives and pulled within less than 3 percent of Park Geun-hye in the…

By Sarah K. Yun As leaders of the Asia-Pacific nations gathered for the 20th Asia-Pacific Economic Cooperation (APEC) Leaders’ Meeting in Vladivostok, Russia on September 8-9, the ongoing effects of the euro crisis and global financial crisis added urgency to their efforts to increase regional economic growth and give APEC a leading role in the…

In this week's South Korea polling data from the Asan Institute for Policy Studies most of the races remained largely unchanged. President Lee Myung-bak's approval rating remained below 30 percent for the entire week and the progressive candidates support remained largely flat. Park Geun-hye did open up a 5 percent lead in the head-to-head match up…

By Nicholas Hamisevicz Last week North Korea and Japan held their first government-to-government talks in four years. These discussions seemed to be a part of a summer of diplomatic outreach by North Korea. The meetings centered on handling the remains of Japanese soldiers that were killed on the Korean peninsula during World War II. Japan…