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.…

The first trip abroad by the Secretary of State and the Secretary of Defense in a new administration are closely watched for clues to the administration’s foreign policies.  In making the decision which foreign country to visit first, the Secretary of State and the Secretary of Defense separately telegraph foreign and defense policy priorities.  The…

Since its inauguration, the Biden Administration has faced a long list of pressing domestic and foreign policy issues and challenges to tackle. People wonder how high North Korea ranks on the list- probably not among the top five unless another round of provocation forces Washington to refocus attention back on Pyongyang. There have been the…

What Happened In a speech commemorating Korea’s declaration of independence from Japan in 1919, President Moon indicated his government's desire to improve ties with Japan. The speech reaffirmed Moon’s long-standing push to separate bilateral discussions on the legacy of Japan’s colonial occupation from talks on security and other future-oriented concerns. Moon also stated that improving relations with…

What Happened On March 2, Seoul and Beijing agreed to establish two military hotlines that will connect the South Korean and Chinese navies and air forces in order to prevent military incidents in the region. There are now a total of five military hotlines between South Korea and China; the original three hotlines deal with China’s northern…