KEI Senior Director Troy Stangarone and KEI Board Member William Brown contributed chapters to the new book “The Political Economy of North Korea: Domestic, Regional, and Global Dynamics,” published by…
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KEI Senior Director Troy Stangarone and KEI Board Member William Brown contributed chapters to the new book “The Political Economy of North Korea: Domestic, Regional, and Global Dynamics,” published by…
This chapter takes the perspective of North Korea’s leadership as it confronts difficult economic problems in the remaining months of 2018. The major current and potential issues are listed and…
Much is made in Western circles of North Korea’s economic dependence on China amid questions of whether and how much leverage this gives Beijing. In an end game, however, Pyongyang…
North Korea badly needs change but whether that change can and should be induced or forced from the outside is open to question. This paper proceeds from the perspective that…
By William Brown China’s trade with North Korea contracted sharply in September from relatively high August levels, and continues an erratic if unmistakable decline since tighter UN sanctions were agreed upon a year ago, at least according to China’s customs bureau. Since the strongest sanctions were set to begin only on September 5th, October data,…
Won hold steady as gasoline prices soar, but for how long? By William Brown China and Russia watered down the new UN sanctions, imposed after North Korea startled the world with its apparent thermonuclear test September 3. However, their impact on the economy still could be severe, even crippling eventually. By accepting tough rules on…
By William Brown ICBMs are not the only things soaring in North Korean skies. Comprehensive second quarter data released by China Customs last week shows a huge jump in North Korea’s trade deficit with China—sharply falling North Korean exports and flat imports, a double bad combination. And, potentially troubling to the Kim regime, the composition…
By William Brown President Trump made lots of people a little nervous last week, tweeting that China had been “helpful” on North Korea but that “It just hasn’t worked out.” As if resigned to the inevitable, he typed “At least it tried”. With breaking news TV stations reporting activity at the nuclear test site it…