Asia

Monetary and Exchange Rate Policy in Declining Centrally Planned Economies and in Early Transition Economies: Some Observations of North Korea

North Korean Economic Reform: An Uncertain Future for a Third-Way Exploration

China's Impact on the Korean Economy

In 2005, the Korean ambassador to China was excited about the completion within five years of the target trade volume of over $100 billion with China, which was set by…

  When Marja Vongerichten was 19, she met her birth mother for the first time since being adopted at age three. The first thing they bonded over, Marja says, was…

Born in Brooklyn, Chef Edward Lee always loved cooking. And after graduating from college with an English literature degree, he returned to that love and became an award-winning chef. Not…

In the decades following the Korean War, North Korea initiated a top-secret project to kidnap ordinary people from Japan, reeducate them, and turn them into international spies for the regime.…

Every year on January 13, the Korea Economic Institute of America (KEI) sponsors a luncheon in Washington, DC to mark Korean American Day and recognize the local and national Korean…

By Nicholas Hamisevicz After the New Year’s announcements by Park Geun-hye and Kim Jong-un, there is a lot of anticipation and analysis for the year ahead in inter-Korean relations. However, many of the issues that plagued the two sides in 2014 remain as hurdles for 2015. Looking back could give insights to help improve the…

By Troy Stangarone In its first public response to North Korea’s suspected cyber attack on Sony, the Obama Administration announced new financial sanctions on three North Korean entities and ten individuals related to North Korea’s defense industry. While the sanctions may have some short-to-medium term impact on North Korea financially, they are only likely a…

By Nicholas Hamisevicz After the disappointment of not getting a high-level meeting following the Incheon Asian Games agreement, it looked like inter-Korean relations would remain stalled until 2015. However, South Korea preempted North Korea’s traditional New Year’s Day announcement by requesting an inter-Korean meeting early in 2015. The request helped the  Park Geun-hye administration seize…

By Nicholas Hamisevicz  Dennis Rodman and Seth Rogen have made the same mistake on North Korea. Both have mistakenly viewed North Korea as a helpless entity. Rodman viewed North Korea as so helpless that all it needed was someone to talk to, play basketball with, and sing “Happy Birthday” to its leader. Rogen saw North…