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…

Although it is happening more rapidly in South Korea, an aging society is a common feature in post-industrial societies around the world. With the number of retirees growing and the…

In March, Seoul suffered from the worst air pollution on record. Enough that the South Korean government has officially designated the problem as a "social disaster." But what is causing…

Over the past few years, Korea and Koreans have experienced incredible political, social, and diplomatic shifts. It is hard keeping up with all these new developments as a Korea Watcher,…

Even before the meeting between President Trump and Kim Jong-un in Hanoi, foreign policy practitioners and observers were talking about the difficulties of sequencing international sanctions relief for North Korea…

By Greg Scarlatoiu Regardless of the outcome of the upcoming December 19 presidential elections in South Korea, there will likely be changes in Seoul’s approach to North Korea. Since the shooting of South Korean tourist Park Wang-ja at Mount Kumgang in July 2008, inter-Korean exchanges have subsided, and inter-Korean tensions have been further exacerbated by…

Below are the key findings from the surveys conducted by Research and Research in November and December. Where applicable, dates the survey was conducted are in brackets. The presidential race between Park Geun-Hye and Moon Jae-In remained tight. As of December 12, 43.4% support Park, while 41.9% support Moon. Following Ahn Cheol-Soo’s exit from the…

By Sarah K. Yun Both the United States and China went through leadership transitions in November. In the United States  President Barack Obama was reelected, while China announced a new era under General Secretary Xi Jiping.  With both countries future leadership now decided, what are the implications for Korea as the U.S. and China consolidate…

By Nicholas Hamisevicz North Korea’s decision to launch a satellite in the midst of important regional political transitions underscores its disregard for building better relations with new leaders throughout its neighborhood. Rather than creating a favorable environment for South Korean presidential candidates who had been talking about re-engaging with the DPRK, Pyongyang has slammed the door…