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Joint U.S.-Korea Academic Studies 2016

Joint U.S. Korea Academic Studies
About Joint U.S. Korea Academic Studies

For over twenty years, KEI has sponsored annual major academic symposiums at universities across the country and major academic conferences. Each year, papers are specially commissioned to fit panel topics of current policy relevance to the U.S.-ROK alliance and implications for the Korean peninsula. Following the symposium, KEI edits and publishes those papers in an annual volume entitled “Joint U.S.-Korea Academic Studies.”

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Introduction | Economic Relations Between North Korea and its Neighbors
Region: Asia
Theme: Economics
Published October 6, 2016
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Most analysis of the extended nuclear crisis that first broke in 2002 has focused, quite legitimately, on the realm of high politics: the diplomatic and military strategies of the contending parties and their consequences. But the course of the crisis, and the prospects for reaching a durable settlement, have always rested in no small measure on economic issues. Could economic engagement and side payments moderate North Korean behavior, the central bet of the Kim Dae-jung and Roh Moo-hyun years? Or are sanctions a more effective route to getting North Korea’s attention, as hawks have long argued?

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