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…

In March, a curious protest took place in Seoul. Private kindergartens were going on strike. Protests by industry groups or workers are not uncommon in South Korea, but something about…

North Korea’s ambassador to the United Nations Kim Song demanded that the United States release a North Korean vessel that is currently held by authorities in American Samoa, warning that…

It’s been nearly one year since the Singapore Summit between President Trump and Kim Jong-un and the two countries are at an impasse. North Korea signals no intention of giving…

What if our understanding of North Korea is inadvertently colored by the very resources that we rely on to deepen our knowledge of the country? What does this say about our policies…

What Happened On March 26, the South Korean Defense Minister met with his Indian counterpart to discuss mutual cooperation. Items discussed included increasing defense ties, arms sales, and foreign direct investment. Korean companies are interested in partnering with the Indian military to supply anti-aircraft defense systems and participate in shipbuilding projects. Implications: While Korea has not joined any formal coalitions aiming…

Thomas Bach, current Chairman of the International Olympic Committee (IOC), published a lengthy opinion piece about the Olympic Games last October.  In a strong defense of the games as “an event that unites the world,” he unequivocally proclaimed that “the Olympic Games are not about politics.” While keeping politics out of the Olympic Games may…

With inflation undershooting its 2% medium-term target, the Bank of Korea (BoK) cut its policy rate by 50 basis points twice in 2019 (Figure 1). Faced with further disinflationary pressures during the COVID-19 pandemic, the central bank cut the rate by another 50 basis points in March 2020 and 25 basis points in May, to…

What Happened On March 24th, the United Nations Human Rights Council adopted its 19th resolution condemning North Korea’s human rights abuses. South Korea is not a co-sponsor of the resolution, though it will allow the resolution to be passed through consensus. This is the third year in a row that South Korea has not co-sponsored the resolution based on…