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…

Despite being industrial powerhouses, Korea and Japan are both resource-poor nations with limited domestic sources of energy. Powering their economies required both to develop supply chains for fossil fuels, nuclear…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

In 2023, KEI has set out on its “Rethinking Korea initiative,” which explores the evolution of U.S.-Korea relations, Korea’s place in the world, and rapid changes in Korean society itself.…

By Troy Stangarone After moving up its launch window, North Korea again violated previous UN Security Council resolutions by conducting a long-range rocket launch as part of a mission to put its second satellite in orbit. Combined with it fourth nuclear test a little more than a month ago, Pyongyang has undertaken two major provocations…

By Nicholas Hamisevicz The new year did not start off well for inter-Korean relations. The momentum was already moving in the wrong direction after a disappointing December. North Korea’s fourth nuclear test will now create an even larger setback for the two sides. The prospects will not get better either. Directly antagonizing one another while…

By Troy Stangarone In recent days there has been increasing speculation that North Korea is preparing to test a long range missile. While any test would violate UN resolutions prohibiting Pyongyang from conducting long range missile tests and represent an additional destabilizing act on North Korea’s part following so closely on the heels of North…

By Songyee Jung This April South Korea will hold elections for its legislative body, the National Assembly.  Much as in the United States, the National Assembly plays an important role in the process of governance and the result of the 2016 legislative elections have the potential to influence Korea’s future direction as well as its…