North Korea

Foreign Affairs Article

Bank Shots

Author: Rachel L. Loeffler

Financial sanctions have become a key tool of U.S. foreign policy. Measures taken against Iran and North Korea make clear that this new financial statecraft can be effective, but true success will require persuading global banks to accept a shared sense of risk.

See more in Iran; Sanctions; North Korea

Council Special Report No. 42

Preparing for Sudden Change in North Korea

Authors: Paul B. Stares and Joel S. Wit

North Korea has long been a serious concern to Washington. Now, with President Kim Jong-Il reportedly in bad health and possibly naming a successor, the United States must consider possible outcomes should the situation deteriorate and the current North Korean government collapse. This report examines the challenges that these scenarios would pose--ranging from securing Pyongyang's nuclear arsenal to providing humanitarian assistance--in the context of the interests of the United States and others in its valuable recommendations.

See more in North Korea; Conflict Prevention