Asia

This paper aims to trace the major changes that took place in the Korean housing market and the housing finance system during the past decade, and also to offer an…

Rocky roads conjure images of pitfalls and jarring bumps on a tortuous journey toward some desired destination, without assurance that some calamity will not bar the way to the hoped-for…

Between winning the election in December 2007 and taking office in February 2008, Lee Myungbak and his administration sketched out a massive reform program that would potentially affect every aspect…

The year 2008 saw a reversal of a long-lasting policy constellation in the international community visà- vis the Democratic People’s Republic of Korea (North Korea). South Korea, for 10 years…

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…

By Mark Tokola Short conversations about North Korea generally end with similar conclusions: it is too soon to tell whether Kim Jong-un has successfully entrenched himself; the North Korean economy whether by design or necessity has introduced some market elements; China is growing impatient with North Korea’s unpredictability and belligerency; and Kim Jung-un’s regime is…

By Mark Tokola People who have worked on policy towards North Korea for some time often remark that nothing really changes: the DPRK’s weapons programs progress, gross human rights violations continue, bad crop years are met with international appeals for food assistance, acts of aggression against South Korea occur periodically, and North Korean propaganda threatens…

By Mark Tokola On June 17th, the Institute for Economics and Peace released its 2015 edition of the “Global Peace Index.”  This annual publication began in 2008, which makes it useful for tracking both global trends and individual country’s performances.  The headlines of the 2015 report are: (1) the averaged level of violence across the…

By Mark Tokola When discussing what to do about North Korea, it is often suggested that China should do more to pressure North Korea to suspend its nuclear weapons program, stop military provocations, create a more constructive relationship with South Korea, and improve the lives of North Koreans.  Chinese representatives usually say this is exactly…