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 Troy Stangarone While 2011 will ultimately be remembered for the passing of Kim Jong-il, it was also a year of significant change and new milestones for both South Korea and the U.S.-Korea alliance. In many ways, 2011 really began in the waning days of 2010 for South Korea. On November 23 last year, North…

By Chad 0'Carroll Hundreds of thousands of mourning North Koreans lined the bitterly cold streets of Pyongyang today to say goodbye to their leader, Kim Jong-il.  How real the tears were is impossible to say, but the images were nonetheless extremely reminiscent of what was seen at Kim Il Sung’s funeral  – aside from the…

By Ken Gause The death of Kim Chong-il does not only mean a transition in leadership as can be seen with the apparent coronation of Kim Chong-un as the successor. It also likely means a change in the leadership structure, which will potentially have a dramatic impact on how Pyongyang makes decisions and how those…

By Nicholas Hamisevicz The death of Kim Jong Il has put the focus and pressure on Kim Jong-un and the rest of the North Korean leadership elite. The spotlight will be even more intense as previously scheduled events in North Korea approach in the next few months. These moments will provide North Korea with an…