Asia

This paper provides an analytical assessment of the implications for North and South Korea of recent changes in the Chinese-Russian and U.S.-Japanese security relationships.The evolution of these two security relationships…

During the past few years, the United States has begun three important initiatives that alter its defense commitment to South Korea (Republic of Korea [ROK]). First, Washington started to decrease…

In October 2006, Kim Jong-il’s North Korea again seized international attention. With its claimed underground nuclear test, Pyongyang upped the ante in its confrontation with the United States and the…

June 25, 2020 marks the 70th anniversary of the start of the Korean War. The conflict on the Korean Peninsula has been going on for so long that we sometimes…

2020 is starting off dramatically with the escalation of tensions in the Middle East – The world held its breath while the United States and Iran exchanged both blows and…

While it is frustrating to see North Korean projectiles flying out to sea and Pyongyang’s erratic, unpredictable reactions in negotiations, we cannot forget where things stood in 2017 – the…

30 years after the fall of the Berlin Wall, people’s aspiration to establish a pluralistic liberal democracy appears to be under scrutiny around the world – anti-immigration policies dominate political…

What Happened On April 1, Seoul and Tokyo met to discuss historical issues, future bilateral meetings, and improving trilateral relations. The meeting came just after Japan’s Ministry of Education approved 30 high school social studies and history textbooks that showed the Dokdo islets as part of Japanese territory. Although South Korea called for the books to be corrected and for the…

What Happened On March 26, the South Korean Defense Minister met with his Indian counterpart to discuss mutual cooperation. Items discussed included increasing defense ties, arms sales, and foreign direct investment. Korean companies are interested in partnering with the Indian military to supply anti-aircraft defense systems and participate in shipbuilding projects. Implications: While Korea has not joined any formal coalitions aiming…

Thomas Bach, current Chairman of the International Olympic Committee (IOC), published a lengthy opinion piece about the Olympic Games last October.  In a strong defense of the games as “an event that unites the world,” he unequivocally proclaimed that “the Olympic Games are not about politics.” While keeping politics out of the Olympic Games may…

With inflation undershooting its 2% medium-term target, the Bank of Korea (BoK) cut its policy rate by 50 basis points twice in 2019 (Figure 1). Faced with further disinflationary pressures during the COVID-19 pandemic, the central bank cut the rate by another 50 basis points in March 2020 and 25 basis points in May, to…