The essence of the “Korea Problem” lies not in the threat of North Korean development of atomic weapons, nor in the existence of a rogue regime in North Korea, as the international press and some American presidents would have it. The central problem is the division of the Korean peninsula, an outcome of half a century of Japanese colonial rule and a legacy of the incomplete character of independence resulting from US-Soviet division of Korea and the Korean War that has now continued in various forms for more than six decades. This article reflects on Korea within an Asia-Pacific and global framework. It also examines possible steps toward resolving the core conflicts, solutions that can only succeed if they find regional and global support. Korea is the most dangerous legacy of the US-Soviet division of Asia, a war without end that continues in the form of military standoff that threatens the peace of Northeast Asia.