Asia

The purpose of this research is to identify an exchange rate regime that would be suitable for North Korea to achieve its goal of economic reform. To do so, we…

This paper reviews and evaluates the development of Bank of Korea policy in historical and comparative perspective. The historical perspective focuses on the most recent of the three stages of…

During the past decade there has been growing academic interest in the field of nation branding. It is increasingly common for governments to adopt the techniques of brand management in…

In Northeast Asia and the United States during the later months of 2008 a great deal of attention was paid to the health of Kim Jong-il. Rumors of a stroke,…

When Kim Jong-il died in 2011, the world held its breath as North Korea entered uncharted waters. No other communist dictatorship in the last century – for that matter no…

On June 25, 1950, North Korea launched a surprise invasion of South Korea and started a war that is still technically ongoing. But it was – as North Korea’s Kim…

The North Korean economy is changing – we know this because of widely reported growth of private markets since the famine of 1990s. But black markets and illicit activities are…

In May, The Korean-born Los Angeles Dodgers’ pitcher Ryu Hyun-jin was named The National League Pitcher of the Month. When you think of Asians and baseball, you might think first…

By Caleb Cho According to a South Korean News Agency, Choe Ryong-hae, vice chairman of North Korea’s Worker’s Party Central Committee, was sent to Brazil along with 31 athletes for the Rio Olympic Games.  Given the fact that North Korea has been so isolated from international community for decades and the number of athletes representing…

By Caleb Cho and Hojun Song In London in 2012, the South Korean team walked away with 28 medals, placing them fifth in the medal count. This year, they are expected to rake in a similar number of medals, with the Peterson Institute's Marcus Noland projecting they will capture 30. Below, find our list of…

By Jenna Gibson North Korea may be all but cut off from the international community, but that has not stopped the reclusive regime from entering the public spotlight every two years for the Olympic Games. The DPRK’s first foray into the Olympic field was in the 1964 Winter Games, where they won one medal –…

By Caleb Cho In early June, a North Korean agent was arrested by Chinese authorities in Dandong, China, the largest border city facing North Korea, due to a number of fake 100 U.S. dollar bills exchanged for Chinese currency at two Chinese banks. The total amount of his deposit was reportedly $ 5 million worth,…