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…

North Korea is putting on a tough face as the world confronts the COVID-19 pandemic. Authorities in Pyongyang continue to reassure the rest of the world that nothing is wrong…

Looking back on the Korean War, one might assume that the outbreak of a violent conflict that killed millions of people would preclude the possibility of a peaceful resolution of…

It would not be an exaggeration to claim that the Korean War shaped world history. There had been bloodshed elsewhere that bookmarked the start of the bitter conflict between the…

The international force that answered the United Nation’s call to defend the Republic of Korea between 1950 and 1953 did more than engage in combat with North Korean and Chinese…

KEI’s Chad 0'Carroll recently interviewed Dr. Andrei Lankov of Kookmin University on the prospects for economic reform in North Korea and reunification. Dr. Lankov is scholar of Asia and a specialist in North Korea. Part 1 of the interview focuses on the likelihood that the new regime in Pyongyang will undertake economic reforms. Part 2,…

By Sarah K. Yun June 17, 2012 marks the six month anniversary of Kim Jong-un’s leadership in North Korea.  Some analysts predicted that the new Kim regime was unlikely to survive the first six months, but it has been surprisingly smooth sailing despite several major challenges.  The past half year can be seen as part…

By Sarah K. Yun Relations between China and North Korea have not always been monolithic.  The relationship has been tested and evolved in recent years with the 2006 missile launch and nuclear test, a 2009 missile launch which was also followed by the second nuclear test, and the recent missile launch in April 2012.  Additionally,…

By Chad 0'Carroll As South Korea evaluates a range of advanced fighter jets in preparation for an October decision on upgrading part of its air force, North Korean air force commanders are likely getting increasingly worried about their capacity to defend the skies of the DPRK. Although Pyongyang has long possessed a much larger air…