China voted in favor of a new sanctions resolution in the U.N. Security Council that condemned North Korea’s December 12 ballistic missile test and strengthened existing sanctions on the “Hermit Kingdom.” The vote is an important sign that the new People Republic of China(PRC) leadership is willing to use sticks to prod Pyongyang towards compliance with international non-proliferation norms. […]
South Korea’s tycoons were relieved when the pro-business Park Geun Hye was elected last month as the nation’s 11th president. The main criticism against her predecessor and party mate, Lee Myung Bak, was that he was as beholden to corporations as leaders get. Park’s win was seen as a victory for the economic system that raised Korea […]
In his new book, “The Great Convergence: Asia, the West and the Logic of One World,” Kishore Mahbubani, dean of the Lee Kuan Yew School of Public Policy in Singapore, at last rises to the challenge. In a way, it is no surprise that a former UN ambassador from one of the smallest countries in Asia has the largest vision. […]
North Korean leader Kim Jong-un called for an end to confrontation between the two Koreas, technically still at war in the absence of a peace treaty to end their 1950-53 conflict, in a surprise New Year‘s broadcast on state media. The address by Kim, who took power in the reclusive state after his father, Kim […]
East Asia has witnessed the recent ascent of conservative leadership amid territorial tensions – signaling not a futuristic vision for international harmony but a return to past rivalries. China‘s new leader Xi Jinping has already vowed to strengthen its military, creating what U.S. Admiral Michael McDevitt identifies as a “security dilemma” in Asia. While China understandably wants […]
One year ago, the chubby and blubbering soon-to-be leader of the Democratic People’s Republic of Korea was seen walking alongside the hearse that carried his dead father, Kim Jong Il. Kim Jong Un was young, inexperienced, unqualified, and bereft of any of the larger-than-life myths that had sustained his father’s and grandfather’s rules. And yet, […]
SOUTH KOREA has elected Park Geun-hye, a 60-year-old conservative, as president for the coming five years. The candidate is from the same party, the Saenuri party, as the incumbent, Lee Myung-bak. She is the daughter of Park Chung-hee, the dictator who set South Korea on the path of break-neck development, seizing power in 1961 and […]
On the small, spectacular island of Jeju, off the southern tip of Korea, indigenous villagers have been putting their bodies in the way of construction of a joint South Korean–US naval base that would be an environmental, cultural and political disaster. If completed, the base would hold more than 7,000 navy personnel, plus twenty warships […]
Lee Bok Sun is planning to close her 28-year-old fruit store in Seoul for good. Many of her customers have switched to a new hypermarket owned by one of South Korea’s chaebol, the family-controlled business groups that dominate the economy. “My baby brother gave me the money to start this shop to thank me for […]
The bruising Apple-Samsung fight raises major intellectual property rights (IPR) issues that South Korea and Asian economies generally are ill-prepared for. Unless the concerns raised by the Samsung-Apple dispute are resolved, Korea should expect regular trade friction with major partners and frequent accusations of copying and cheating. As wealthy countries like Korea move away from manufacturing […]
looking beyond borders 