Asia

During the two-year period since the outbreak in August 2007 of the U.S. subprime crisis, Korea has felt its severe effects: Korea’s economy contracted sharply and experienced a liquidity crisis.…

There is certainly a place for regionalism in Northeast Asia.1 It already exists in various amorphous ways, but regional identity is relatively weak in Northeast Asia, and for this and…

The rise of China means that the regional (not global) power structure is shifting from unipolarity to bipolarity. Whether this is a positive or negative development depends on a particular…

The dramatic events of recent months—and, above all, North Korea’s second nuclear test and long-range missile launch—demonstrated once again that the Barack Obama administration and the international community at large…

In this episode we speak with Doug Goudie, Director of International Trade Policy at the National Association of Manufacturers (NAM). Mr. Goudie draws from his experiences to share his perspective…

In this episode we hear from Tami Overby, Vice President for Asia at the U.S. Chamber of Commerce and former President of the American Chamber of Commerce in Korea. Ms.…

Now in its tenth year, KEI’s Opinion Leaders Seminar (OLS) is an annual gathering of some of the world’s foremost policymakers and scholars on the U.S.-South Korean alliance. In this…

An exclusive interview with Dr. Alon Levkowitz, author of the most recent edition of the Korea Economic Institute’s Academic Paper Series. His paper, titled “The Republic of Korea and the…

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…

By Chad 0'Carroll As the economic crisis continues to lead governments into austerity programs worldwide, South Korea is preparing to sign off on defense contracts totaling over $12 billion this year.  The biggest allocation of the budget is being reserved for the purchases of some $7.2 billion worth of next generation fighter jets, representing the…