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.
Don Oberdorfer, a leading expert on North and South Korea, says he sees no evidence North Korean leader Kim Jong-Il has moved to relinquish control, despite reports concerning his illness and succession.
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.
With China now South Korea's number-one trading partner and destination for foreign investment and tourism, what are the implications for politics and security in East Asia? Scott Snyder explores the transformation of the Sino–South Korean relationship since the early 1990s.
North Korea has resisted efforts to divulge the full scale of its nuclear program, despite U.S. concessions, but President-elect Barack Obama faces little alternative to the troubled policy of engagement.
Gary Samore, who was active in nuclear diplomacy with North Korea in the Clinton administration, says the latest agreement between the United States and North Korea is only a "very modest step forward" because it allows the next administration to proceed further in seeking a nuclear-disarmed North Korea.
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