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June 28, 2022

North Korea
North Korea’s Military Capabilities

Kim Jong-un has accelerated North Korea’s buildup of nuclear and other weapons of mass destruction, while also modernizing its large conventional force.

Vehicles carry missiles during a military parade in Pyongyang.

June 7, 2006

North Korea
North Korea’s Capitalist Experiment

The government of North Korean President Kim Jung-Il retains a virtual death grip on the nation’s economy, directing all official economic activity through an authoritarian command system. But recent…

July 11, 2012

Financial Markets
The Basel Committee on Banking Supervision

Controversies over too-big-to-fail financial institutions continue to mount. The Basel Accords represent the latest effort to ease risk and restore confidence, as this Backgrounder explains.

February 2, 2023

China
China’s Massive Belt and Road Initiative

China’s colossal infrastructure investments may usher in a new era of trade and growth for economies in Asia and beyond. But skeptics worry that China is laying a debt trap for borrowing governments…

Aerial view of a railway that cuts through lush Indonesian jungle.