North Korea is a constant enigma, a point made apparent once again in the current crisis. Analysts of every stripe have mispredicted its behavior and longevity for decades, and this time around, it is again very unclear what exactly they want. So rather than make any predictions that will turn out to be laughably wrong next month, […]
There are two schools of thought about what lies behind North Korea’s increasingly frenzied posturing. The first goes like this: The rhetoric emanating from Pyongyang, including calls to “break the waists of the crazy enemies [and] totally cut their windpipes”, is no worse than their decades-old ritualistic promises to turn South Korea into a “sea […]
Interestingly, a closer look at Japan’s performance over the past decade suggests little reason for persistent bearish sentiment. Indeed, in terms of growth of output per employed worker, Japan has done quite well since the turn of the century. With a shrinking labor force, the standard estimate for Japan in 2012 – that is, before Abenomics […]
One of the interesting effects of ballistic missile defense is how it has affected relations between states. The decades of tension that have arisen between Moscow and Washington over strategic defense issue are well known. Now U.S. ballistic missile defenses (BMD) are driving China and Russia closer together. Read Here – The Diplomat
After a brief lull, North Korea has begun acting up again: Kim Jong Un has vowed to re-start the country’s nuclear program, has declared the near-60 year-old armistice between his country and South Korea “void”, and, in his latest provocation, has prevented workers from the South from entering the jointly-owned Kaesong Industrial Park, once a symbol of hopeful reconciliation. And so […]
Last month Afghanistan’s Minister of Mines, Wahidullah Shahrani, told the Wall Street Journal that he expects the country to start exporting oil as early as this year. Mr. Shahrani explained that oil wells in the Amu-Darya Basin in northern Afghanistan, while currently producing no oil, will have an output level of 25,000 barrels of oil a day by […]
The Obama administration’s “pivot” to Asia made sense, because China was starting to doubt U.S. staying power. Now that Washington has sent Beijing a clear message it will be around for the long haul, however, the time has come for the two countries to deepen and institutionalize their relationship in order to secure Asia’s lasting […]
The world’s task in addressing North Korea’s saber rattling is made no easier by the fact that it confronts an impoverished and effectively defeated country. On the contrary, it is in such circumstances that calm foresight is most necessary. The genius of the Habsburg Empire’s Prince Klemens von Metternich in framing a new international order after […]
Who do they think they are, these upstart economies, Brazil, Russia, India, China and South Africa? That might sum up the feeling in the U.S., Europe and Japan as the BRICS nations consider a new development bank that might challenge the World Bank and International Monetary Fund. The move brings to mind Alice Amsden, the Massachusetts Institute of Technology economist who died last […]
One of the reasons why Tokyo’s relations with Seoul have been downplayed is that both sides, with newly-minted leaders, are playing a delicate political game of “no news is good news” in hopes of burying their vitriolic exchange of diplomatic barbs during previous administrations. The strategic partnership between Japan and South Korea has deteriorated to […]
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