Asia

The year 2006 witnessed increasing concern among both Americans and South Koreans that their alliance of more than 50 years might be in jeopardy. Differences between the two governments over…

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 the mid-1990s, North Korea experienced a famine that by some estimates wiped out 10 percent of the population. Though many at the time thought the regime would…

      Over the last decade, China has become an increasingly important country for South Korea has it has emerged as Seoul’s largest trading partner and a leading player…

    On April 8, North Korea withdrew all of its workers from the Kaesong Industrial Complex, temporarily placing on hold the last form of cooperation between North and South…

South Korea’s nuclear energy industry has for decades been facilitated through close cooperation with counterparts in the United States under what is known as a “123 Agreement”.  Today South Korea’s…

By Jenna Gibson Walking down one of Seoul’s many shopping streets, sandwiched between food carts and two-story portraits of the latest k-pop phenom, store clerks hover, calling out to the crowds as they pass by in various foreign languages. “Ohayo gozaimasu! Nihao! Hello! Come in! Big sale today!” They know their audience – tourists in…

By William Brown China surprised many Washington pundits by signing on in February to what looks like fairly tough trade sanctions on North Korea.  Most importantly, it agreed to put a halt to its purchases of coal and metal ores to the extent that these provide foreign exchange to North Korea’s military and to the…

By Jenna Gibson On April 13, South Koreans will head to the polls to choose who will fill the 300 seats that make up their parliament, the National Assembly. Like the elections currently taking place here in the United States, the campaign is focused on important issues such as ramping up economic growth and addressing…

KEI Communications Director Jenna Gibson, host of Korean Kontext, recently interviewed Dr. Stephan Haggard of the University of California-San Diego on the North Korean economy, the role of black markets, and the potential impacts of new UN sanctions. The following is a partial transcript of that conversation. The rest of the conversation can be found…