Politics

It may be premature right now to talk about post–free trade agreement (FTA) relations between the United States and Korea. The U.S.-Korea FTA still has some way to go before…

As the reigning consensus has it, the U.S.-ROK alliance is one of the most successful of its kind in history. The alliance not only succeeded in defending South Korea from…

The history of the first of North Korea’s nuclear proliferation crises has received considerable attention and analysis. The regional implications of a nuclear North Korea were signaled clearly and repeatedly…

Monetary and Exchange Rate Policy in Declining Centrally Planned Economies and in Early Transition Economies: Some Observations of North Korea

By Nicholas Hamisevicz, Sarah K. Yun, Chad O'Carroll, and Troy Stangarone Last year saw significant changes on the Korean peninsula. While 2011 ended with the surprise death of Kim Jong-il and the beginning of succession to Kim Jong-un, last year also saw Korea become one of only nine nations to surpass $1 trillion in total…

By Luke Herman Updated January 11, 2012. With the passing of Kim Jong-il, North Korea's leadership transition is being formally put into place. Here is a quick abridged graphic highlighting the leadership on the National Defense Commission and the State Party's Political Bureau and Central Military Commission. Below are links to expanded graphics for the…

By Ken E. Gause Three sets of messages have emerged from the North Korean media in the days since Kim Chong-il’s death on December 17. The first two sets of messages are tied to the leadership configuration that is rising up to take over the reins of power, namely Kim Chong-un supported by a collective…

By Sarah K. Yun North Korea’s 2012 New Year Editorial had a few highlights with ample unsharpened messages. The overall objective was to emphasize strength and unity under the new Kim Jung-un leadership. In doing so, however, the editorial portrayed an undertone of crouching inwards with a few sprinkles of the typical rhetoric of criticism…