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…

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 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…

Ben Hancock: 김연정과의 인터뷰 1. 김연정 선생님: 대학교 때 우연히 외국인에게 한국어를 가르쳤던 적이 있었는데 그 때 다른 문화와 언어를 사용하는 사람에게 우리 말과 글을 가르치는 것에 재미를 느껴서 막연히 이 일을 직업으로 하면 좋겠다고 생각했습니다. 하지만 제가 일을 시작할 당시에는 한국어를 가르치는 기관이 대학교 어학당을 제외하면 거의 없어서 일을 찾는 것이 생각보다 쉽지 않아서…

By Chad 0'Carroll Last week the Committee to Protect Journalists (CPJ) released a report which put Eritrea as the world’s leading censor of the media.  Eritrea sat on top of a list of ten countries which CPJ said had “dictatorial controls” on domestic media, followed closely by North Korea, Syria and Iran.  North Korea, which…

By Sarah K. Yun Since his inauguration in 2008, President Lee Myung-bak has promoted a “Global Korea” policy for Korea to be a more active and responsible member of the international community. However, with the upcoming presidential election and potential pendulum swing in South Korea’s leadership, what is the future of Korea’s growing global leadership…