North Korea's confiscatory currency reform and the subsequent ban on the use of foreign currencies are economically misguided policies and will result in the reduction of North Korean residents' welfare. These developments come at an inopportune time with the country facing economic stagnation,...

The creation of an enduring multilateral security and peace mechanism for Northeast Asia and the furthering of regional economic cooperation have been identified as components of a final resolution of the North Korean nuclear controversy in the Six Party Talks among the United States, China,...

North Korea is on the brink of famine. The aggregate food picture appears worse than at any time since the famine of the 1990s. The margin of error between required grain and available supply is now less than 100,000 metric tons. Local food prices are skyrocketing faster than world prices. The...