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…

When Kim Jong-il died in 2011, the world held its breath as North Korea entered uncharted waters. No other communist dictatorship in the last century – for that matter no…

On June 25, 1950, North Korea launched a surprise invasion of South Korea and started a war that is still technically ongoing. But it was – as North Korea’s Kim…

The North Korean economy is changing – we know this because of widely reported growth of private markets since the famine of 1990s. But black markets and illicit activities are…

In May, The Korean-born Los Angeles Dodgers’ pitcher Ryu Hyun-jin was named The National League Pitcher of the Month. When you think of Asians and baseball, you might think first…

By Nicholas Hamisevicz Last week North Korea and Japan held their first government-to-government talks in four years. These discussions seemed to be a part of a summer of diplomatic outreach by North Korea. The meetings centered on handling the remains of Japanese soldiers that were killed on the Korean peninsula during World War II. Japan…

As a new feature here on the on The Peninsula blog we will be featuring weekly polling data from South Korea in association with The Asan Institute for Policy Studies. The polls from The Asan Institute for Policy Studies will feature weekly tracking data for presidential and legislative approval, as well as head-to-head match-ups for…

Chad O’Carroll, the host of Korean Context, recently set down with Dr. Jennifer Lind of Dartmouth. The following covers their discussion of the challenges Northeast Asia has faced with the issues of apologies and the recent changes in North Korea. Chad O’Carroll – You have done a lot of work regarding apologies between states and…

By Nicholas Hamisevicz Jang Song-taek, Vice-Chairman of North Korea’s National Defense Commission and uncle to Kim Jong-un, returned from China after several days of meetings about economic cooperation between the two nations, especially in the Special Economic Zones (SEZs). Jang brought back agreements on further SEZ cooperation and a renewed commitment by both parties to…