by Stephan Haggard | March 7th, 2013 | 07:00 am
Several recent stories have reminded us of the rent-seeking nature of the North Korean regime. First up: summitry. Evan Ramstad at the WSJ’s Korea Real Time offers a summary of the revelation by outgoing President Lee Myung Bak about a possible 2009 summit, but the Chosun Ilbo fills in really important details. The late summer [...]
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Tags: aid, North-South Relations, Taiwan
by Marcus Noland | March 5th, 2013 | 05:41 am
Economists have a disconcerting habit of studying their own models for so long that they lose track of reality; one such tendency is to focus on “efficiency” to the exclusion of all other values in human relations. Political scientists do the same thing with concepts like “regime preservation.” But understanding that all professions suffer from [...]
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Tags: Argentina, Belarus, Brazil, China, Japan, Kazakhstan, Libya, nuclear program, South Africa, South Korea, Syria, Taiwan, Ukraine