Asia

In recent years, North Korea has faced economic shocks from UN sanctions and the pandemic. As Dr. Jongkyu Lee (Senior Fellow at the Korea Development Institute) writes in his new…

Following a record number of North Korean missile launches, as well as tests by South Korea, assertions have been widely and uncritically made that Seoul is participating in an inter-Korean…

Although the Korean Peninsula has been divided for over 70 years, North and South have not been able to make lasting progress in terms of reconciliation. While there are multiple…

Why is South Korea pilot-testing its Central Bank Digital Currency (CBDC), and what made it shift from non-issuance to consideration? This paper investigates the Bank of Korea (BOK)’s CBDC-related developments…

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 Troy Stangarone In recent days there has been increasing speculation that North Korea is preparing to test a long range missile. While any test would violate UN resolutions prohibiting Pyongyang from conducting long range missile tests and represent an additional destabilizing act on North Korea’s part following so closely on the heels of North…

By Songyee Jung This April South Korea will hold elections for its legislative body, the National Assembly.  Much as in the United States, the National Assembly plays an important role in the process of governance and the result of the 2016 legislative elections have the potential to influence Korea’s future direction as well as its…

By Jenna Gibson Big news out of Pyongyang – a North Korean factory has made the world’s first hangover-free alcohol. Or so they say. North Korea has long been the butt of jokes, many of them centered on country’s eccentric leaders. This stems in part from curiosity – because news from North Korea is so…

By Mark Tokola, Phil Eskeland, Troy Stangarone, Jenna Gibson, and Kyle Ferrier In the aftermath of North Korea’s nuclear test, 2016 has already begun with a new crisis on the Korean peninsula. As the United States, South Korea, and the rest of the international community work together to address the growing threat from Pyongyang’s expanding…