News & Map

Brexit Is a Disastrous Experiment in Deglobalization

Brexit is an experiment in deglobalization. As the pound tanks and British politics implode, investment will dry up and ...

Brexit: Is the Financial System Ready?

“Some market and economic volatility can be expected as this process unfolds. But we are well prepared for this.” Those ...

Dangers of Following the Path to an Offshore Britain

Infamously 20 years ago, in assessing whether Britain should join the euro, one of the five tests was whether it would b...

What Can China Accomplish with its G-20 Presidency?

China is about to step up for the first time as host of the G-20 this September and the country has been working hard to...

Diplomatic Update June 2016

Recent months have seen a flurry of diplomatic activity among the Six Parties, but as always with substantial uncertaint...

The Hamburger Summit

Donald Trump’s on-again, off-again bromance with Kim Jong-un is apparently on again. The presumptive Republican presiden...

Kim and Yang and Lankov on the Rise of the Informal Economy

We are currently in a holding pattern, waiting to find out whether the closure of Kaesong, multilateral and bilateral sa...

The Global Value Chain Revolution and Trade Policy

Richard Baldwin, professor of international economics at the Graduate Institute, Geneva, discussed the the global value ...

The Republican Foreign Policy Statement

Last week, Speaker Paul Ryan unveiled a 25-page foreign policy strategy document at the Council on Foreign Relations, wh...

Hazel Smith’s North Korea: Markets and Military Rule

Hazel Smith has written a sweeping book on North Korea that summarizes her long engagement with the country entitled—qui...

Brazil's Fiscal High Dive into Olympics 2016

The Olympic Games may offer Brazilians a temporary reprieve from the bad economic news plaguing the country, but Monica ...

North Korean Forced Labor in the EU

A few weeks ago VICE released a remarkable documentary on North Korean forced labor in Poland, which provides a unique g...

China Policy Communications Under Scrutiny as Economy Gains Global Prominence

Uncertainty about China’s economic future has underpinned a substantial portion of global market volatility of the past ...

China's Market Economy Status and Antidumping: A $100 Billion, $10 Billion, or $1 Billion Dispute? Part 1

Despite its success as an export powerhouse, China has long protested that it has been relegated to the status of a “non...

The Screw Turns II: The Expansion of European Sanctions

On Monday, I talked about the new US Treasury designation. Last week, another shoe also dropped in the form of new Europ...

How Dependent Are US Consumers on Imports From China?

If you are in the market for a new cell phone or a laptop, you better hope that the United States does not impose puniti...

Modi's US Visit Offers Window for Economic Opening

C. Fred Bergsten says Indian Prime Minister Narendra Modi's last official visit to the United States under President Bar...

The Screw Turns I: New US Financial Sanctions

This week, we lead with two developments on the sanctions front; today, the Treasury ruling that places new constraints ...

Black Market Contest Winner Announced!

We finally have a winner for the black market exchange rate contest! The contest, announced on March 16, was motivated b...

Academic Sources: Gartzke and Kroenig on “Nukes with Numbers”

In the last ten years, there has been an explosion of quantitative research on nuclear weapons. The basic structure of t...

Trump to KORUS: Drop dead

The last time I checked in on Donald Trump, he was threatening to inflict on China “a depression the likes of which you ...

North Korea: Back on the Terrorism List?

North Korea was placed on the US government’s list of state sponsors of terrorism in 1987. Its inclusion on the list was...

Brad Glosserman and Scott Snyder on Japan-Korea Relations

Last month, I had the pleasure of hosting both Scott Snyder (Council on Foreign Relations) and David Straub (Stanford’s ...

The G-7 and the Global Economy

Adewale “Wally” Adeyemo, deputy assistant to President Obama and deputy national security advisor for international econ...

Academic Sources: Victor Shih at the Journal of East Asian Studies on Chinese Elites

With the 7th Party Congress coming to a close, some of the most significant outcomes are likely to relate to promotions ...

North Korean Threats and Asset Markets. Again.

It has long been alleged that North Korea has the capacity to impose asymmetric damage on the financial markets of its n...

United Nations DPRK Needs and Priorities

Last week, Marc Noland walked through WFP/FAO food security report, and reports that North Korea might be entering a new...

Global Inequality: A New Approach for the Age of Globalization

Branko Milanovic, City University of New York, discussed his new noteworthy book, Global Inequality: A New Approach for ...

Kim Jong Un Doubles Down I: The Opening Speech and the Central Committee Report

The two documents we have from the 7th Party Congress so far—Kim Jong Un’s opening speech and his report on the work of ...

Brexit Scenarios for June 24

Scenario 1: The UK Votes to Stay in the EU If UK voters decide to remain in the EU, the deal forged by Prime Minister Da...

Thinking About the Day after Brexit

Will they or won’t they? The question facing voters in the United Kingdom (UK) on June 23—whether or not to leave the Eu...

North Korean human rights activity in Australia

Yesterday I discussed new modeling of Korean unification by Warwick McKibben, Jong Wha Lee, and Larry Weifeng Liu. Anoth...

A new model of Korean unification

This past Friday I had the pleasure of participating in a conference on Korean unification held at the Australian Nation...

TPP and the Environment

The Trans-Pacific Partnership, or TPP, is an ambitious trade deal involving the United States and 11 other countries. Th...

Billy Graham meets Kim Il-sung

As a teenager in Appalachia, my father drove a milk truck (though as far as I know, I am not the subject of the Kentucky...

Europe's Welcome Attempt to Harmonize Rules on Asylum Seekers

Europe's migration crisis has reinforced the importance of recent proposals by the European Commission to overhaul the s...

Migration emergency over (for now), but not because of the EU-Turkey deal

Following the March 20 deal between the European Union (EU) and Turkey, the refugee flow from Turkey to Greece has decli...

Diplomatic Moves

The challenges of getting back to the Six Party Talks are so great that too much emphasis should not be put on the faint...

Stephan Haggard Podcast on the North Korean Economy

It is difficult to assess the state of the North Korean economy, but we have increasing anecdotal evidence from defector...

America owes the Philippines more than empty praise