Hold Your Dollars! The Right, and Wrong, Ways to Engage North Korea
To break the cycle with North Korea, our reengagement needs to work to simultaneously end the weapons program and end the failed economic system.
Read MoreAnalysis and commentary on the U.S.-South Korea relationship and what Korea means for American interests. New posts several times a week.
To break the cycle with North Korea, our reengagement needs to work to simultaneously end the weapons program and end the failed economic system.
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China, might not have been mentioned in the North-South summit talks, but one can bet its influence on Kim’s decision to make the trip south was paramount.
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With a near Chinese embargo on exports causing an outflow of reserve dollars, how is North Korea maintaining stability in the domestic money supply.
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Everything else has been tried, and failed with North Korea, so why not have Kim Jong-un and Donald Trump meet face-to-face?
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Beijing conducting economic “war” on Pyongyang might be a little strong, but I think everyone would agree it’s at least a fierce and growing skirmish.
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The continuing stability of the North Korean won against the U.S. dollar in informal trading markets speaks to the success in handling overall inflation
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