The emergence of China in the international financial order can be analyzed in three aspects: strengthening its position within the IMF system led by the West, establishing a new financial order through multilateral development banks (MDBs) like the AIIB and NDB, and the internationalization of...

North Korea's financial system is based upon a mono-banking system, centered on the Central Bank of the DPRK. The Central Bank of the DPRK serves diverse functions - aside from financial activities, it also acts simultaneously as a central bank and a commercial bank. From the experiences of...

Korean Abstract: 북한의 금융시스템은 중앙은행 중심의 일원적 은행제도(monobank system)에 기초하고 있다. 조선중앙은행은 재정활동과 더불어 중앙은행기능과 상업은행 기능까지 수행하고 있다. 이러한 기본 틀은 고난의 행군,...

Recently, the Chinese economy is undergoing a slowdown in the real economy, falling stock prices in the stock market, and devaluation of the yuan in the foreign exchange market. This research analyzes the current condition of the Chinese economy, evaluating the risks in China's real and...

SEZ development typically proceeds with the Rason and Mt. Kumgang SEZs – the two central SEZs that represent twin pillars – in the lead, with regional SEZs following suit by borrowing and tailoring the development plans of central SEZs. At the center of focus since Kim Jong Un took power,...

Korean Abstract: 2016년 들어 AIIB가 운영을 개시하고, 위안화가 IMF의 SDR 통화바스켓에 편입되면서 국제금융질서에서 중국의 위상이 날로 높아지고 있다. 이에 본 연구는 중국 주도의 신금융질서 태동의 의미와 전망, 중국 중심...