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,…

Recently released data from the Department of Commerce confirmed that the United States achieved record-level export of services to South Korea in 2018 – $24.5 billion. Combined with the trade…

We imagine North Korea as a country that is carrying on not only a conflict left over from the Cold War, but also a decrepit legacy economy from the past.…

The second summit between President Donald Trump and North Korean leader Kim Jong-un on February 27 and 28 ended without an agreement. The key difference in the two leaders’ negotiating…

As the complex negotiations between North Korea, the United States, and South Korea continue, it is worthwhile to review what the current U.S. presence on the Korean Peninsula looks like.…

By Mark Tokola People who have worked on policy towards North Korea for some time often remark that nothing really changes: the DPRK’s weapons programs progress, gross human rights violations continue, bad crop years are met with international appeals for food assistance, acts of aggression against South Korea occur periodically, and North Korean propaganda threatens…

By Mark Tokola On June 17th, the Institute for Economics and Peace released its 2015 edition of the “Global Peace Index.”  This annual publication began in 2008, which makes it useful for tracking both global trends and individual country’s performances.  The headlines of the 2015 report are: (1) the averaged level of violence across the…

By Mark Tokola When discussing what to do about North Korea, it is often suggested that China should do more to pressure North Korea to suspend its nuclear weapons program, stop military provocations, create a more constructive relationship with South Korea, and improve the lives of North Koreans.  Chinese representatives usually say this is exactly…

By Nicholas Hamisevicz Once again, a month of positive movements but also negative setbacks that keep near term inter-Korean relations uncertain. Many of the inter-Korean related activities that took place in May involved Kaesong in some way. Even with a few interactions, discouraging rhetoric still hurts the possibilities for future possibilities. Inter-Korean connections have been…