Asia

Seong-Hyon Lee argues that the trilateral relationship between South Korea, Japan, and China is currently at a critical juncture as historical legacies, territorial disputes, and the evolving geopolitical landscape pose…

This introduction provides a broader framework for the first four papers in this issue of Korea Policy by examining five distinct ways or areas wherein trade and investment intersect with…

This paper examines the concept of “derisking” and how the Japanese Economic Security Promotion Act (ESPA) has responded to it within the framework of deterrence theory. It explores how ESPA…

Strategically located at the crossroads of Central Asia, China, and Russia, Mongolia has long attracted the attention of regional powers – including the Koreas. How is this traditionally-nomadic, but resource-rich,…

Though hesitant to officially join the U.S. Indo-Pacific Strategy, South Korea is seeking to promote many of the same values through the Moon administration’s “New Southern Policy.” Central to this…

The U.S. Peace Corps was active in South Korea between 1961 and 1981. One of the many volunteers who served in South Korea was KEI president and CEO Kathleen Stephens.…

This month, the world was reminded once again that the relationship between the Republic of Korea and Japan is deeply fractious. Japan has imposed restrictions on the export of chemical…

As multiple conflicts abroad caused ripples through the world of commerce and trade, the United States and South Korea came into the year broadly aligned on strategies to derisk and diversify supply chains, extending efforts to limit single country reliance on key material imports and integrating national security with economic security. Investments in advanced manufacturing…

Financial issues plagued North Korea in 2024 with Kim Jong Un’s singular success, halting the hyperinflation and currency debasement, suddenly coming unraveled in mid-year. After a decade of price and currency stability, the value of the North Korean won suddenly fell by about two-thirds between July and December. By year’s end, 27,000 won was needed…

Contributors (last name alphabetical): Andy Hong, Jaehyoung Ju, Je Heon (James) Kim, Joo Young Kim, Sheewon Min This timeline highlights major events in the aftermath of South Korean President Yoon Suk Yeol’s declaration of martial law on December 3, 2024. The timeline will periodically update in reverse chronological order with brief descriptions and sources linked to each…

Introduction China and North Korea have had ties for seventy-five years, forming a bond in Northeast Asia not long after both communist-led states were established in the aftermath of World War II. Although the relationship remains stable to some extent, it has also weathered perennial strains and an enduring mutual distrust. Many analysts say that…