All Eyes on Chinese Trade with North Korea, But There is a Problem
China surprised many Washington pundits by signing on in February to what looks like fairly tough trade sanctions on North Korea.
China surprised many Washington pundits by signing on in February to what looks like fairly tough trade sanctions on North Korea.
KEI Communications Director Jenna Gibson, host of Korean Kontext, recently interviewed Dr. Stephen Haggard of the University of California-San Diego on the North Korean economy, the role of black markets, and the potential impacts of new UN sanctions.
On April 13, 2016, South Korea will hold elections for the 20th National Assembly.
In The Economist’s recent ranking of the best and worst places to be a working woman, South Korea did not fare well. In fact, it was considered last among OECD countries.
To what extent should financial losses coinciding with North Korean provocations be considered as wholly isolated from market trends or at least marginally interconnected?
With the global economy slowing as China’s economy cools, many emerging markets saw growth slow or stall, while significant drops in oil prices proved more of a drag on economic growth than expected.
Make no mistake, South Korea’s shuttering of the Kaesong Industrial Complex (KIC) which it had operated just across the border in North Korea since 2004 is a big deal.
With the Iowa Caucuses approaching KEI has gathered comments by the Republican and Democratic presidential candidates on South Korea and North Korea.
The greatest significance of North Korea’s nuclear test and attempt to attend the World Economic Forum is that they highlight either the DPRK’s misunderstanding of or indifference towards the global economy despite overtly stating otherwise.
In the aftermath of North Korea’s nuclear test, 2016 has already begun with a new crisis on the Korean peninsula.