RealTime Economic Issues Watch
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RealTime Economic Issues Watch

In RealTime posts, PIIE senior staff and colleagues discuss the fast-moving economic news, financial developments, and public policy choices confronting the United States and the world.

Author Archive: Stephan Haggard

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China, Japan, Korea: Will History and Politics Trump Economics?

by Stephan Haggard | September 6th, 2012 | 02:00 pm

While in Korea and Japan several weeks ago, sparks flared not only over the Senkakus/Diaoyu/Diaoyutai Islands and Dokdo/Takeshima but the highly emotional issue of comfort women. As a result, we are about to have one of those quasi-natural experiments that social scientists love. Will history and politics trump economics? Or will growing interdependence pull the [...]

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What To Do about North Korea? Sanctions Denuclearization and Proliferation

by Stephan Haggard | June 12th, 2009 | 03:36 pm

The United Nations Security Council voted today on a new round of sanctions on North Korea. These sanctions are politically significant, particularly in signaling the changing attitude of Beijing toward developments on the peninsula. However, it is highly unlikely that the sanctions, in themselves, will have immediate effect on North Korea’s nuclear program or the [...]

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