US Korea Institute

Thursday April 24th 2014
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Posts Tagged ‘sanctions’

A Tale of Two Peninsulas: How Will the Crimean Crisis Affect Korea?

A Tale of Two Peninsulas: How Will the Crimean Crisis Affect Korea?

The reunification of Crimea with Russia might have unexpectedly turned a page in modern history, ushering the world into a new era of geopolitical competition. There is little doubt that the West is seeking to contain Russia as a re-emerging global player, using this controversial action as a de facto casus belli (hopefully, just a cold variety of [...]

Next Steps in Sanctions against Pyongyang

Next Steps in Sanctions against Pyongyang

Recent developments in North Korea, particularly the execution of Jang Song Thaek and the latest series of short-range missile tests, have led to renewed speculation that Pyongyang may carry out bigger provocations in the near future. If the North does conduct a new long-range rocket or nuclear test, it is certain the United States and its allies [...]

The Demise of Jang Song Thaek and the Future of North Korea’s Financial System

The Demise of Jang Song Thaek and the Future of North Korea’s Financial System

The demise of Jang Song Thaek and those loyal to him just may be good news for the prospects of reforming the North Korean financial system. This system is perhaps the most perverse on the planet, having evolved in a context defined by North Korea’s isolation and inward orientation, its dogged adherence to the ideals of a State-directed economy, [...]

That Ain’t My Truck: Where North Korea Assembled Its Chinese Transporter-Erector-Launchers

That Ain’t My Truck: Where North Korea Assembled Its Chinese Transporter-Erector-Launchers

This article is co-authored by Jeffrey Lewis, Melissa Hanham and Amber Lee. On April 15, 2012, North Korea paraded what appeared to be six road-mobile missiles, quickly identified in the media as KN-08 intercontinental ballistic missiles (ICBM), through Kim Il Sung Square in Pyongyang. Attention immediately focused on these unusual vehicles, [...]

Exhausting Its Reserves? Sources of Finance for North Korea’s “Improvement of People’s Living”

Exhausting Its Reserves? Sources of Finance for North Korea’s “Improvement of People’s Living”

Jang Song Thaek has been purged, in a way that suggests that Kim Jong Un wanted to make a point. This unusual procedure is without a doubt a sign of major problems. Otherwise, the overambitious uncle would have been removed silently, as has happened so many times before. But putting all this in great detail on the front page of Monday’s Rodong [...]

Let’s Be Friends

Let’s Be Friends

US Vice President Joseph Biden’s tour of Northeast Asia could not be timelier, as the region has turned into something of a hornet’s nest. China’s recent declaration of an Air Defense Identification Zone (ADIZ) is just the latest twist to trends years in the making that are dangerous and disturbing: sparring between Tokyo and Beijing over [...]

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Credit for photo of young North Korean girl: T.M. All rights reserved, used with permission.