Countries like the Asian “tigers” that experienced rapid economic growth inevitably encounter slowdowns that signal a fundamental shift in their economies. At this juncture, transitioning their institutions and policies often proves to be a most daunting task.
North Korea’s economy continues to move ahead despite years of isolation and international trade restrictions. The economy is performing at a moderate rate with a mean GDP growth rate of 0.7 percent from 2004 to 2015, and appears to be a focus of the regime’s policy decision-making, researchers have found.
Dafna Zur, assistant professor of East Asian Languages and Cultures at Stanford, discusses her current research on literary and scientific education in postwar North and South Korea.The complete discussion is available on the Stanford News.
The latest American assertion of freedom-of-navigation rights in the South China Sea may have reassured some that new bonhomie between presidents Donald Trump and Xi Jinping won’t lead to abandonment of the region. But questions remain.