PANMUNJOM (UPI)— The United States told North Korea today it com m itted “ A calculated act o f aggression” when it shot down a U.S. Navy plane at least 90 miles from North Korean territory last Tuesday. The U.S. spokesmen then walked out of the meeting called by North Korea w ithout waiting for any reply. The North Koreans had the privilege of speaking first at the session demanded by them in ...

Structural shifts characterize the volatility of the Korean stock and foreign exchange markets during the 1997 Asian financial crisis. This paper employs an unrestricted bivariate GARCH-M model of stock market returns to investigate empirically the effects of daily currency depreciation on Korean stock market returns. The evidence shows that currency depreciation significantly affects stock mar...

How robust is public support for extended nuclear deterrence in patron and client states? Recent studies have improved scholarly understanding of US opinion about weapon use against non-nuclear adversaries. Yet, there limited knowledge attitudes regarding retaliation strikes allies. We develop a theoretical typology crises investigate this phenomenon with novel survey experiment ( n = 6,623). A...

Son 30 yılda, Kuzey Kore'nin nükleer sorunu, Kuzeydoğu Asya'daki güvenlik, kalkınma ve istikrara yönelik en önemli doğrudan tehditlerden birini oluşturmuştur. Üçlü altılı görüşmeler, yaptırımlar, diplomatik çabalar daha yakın tarihli Singapur Hanoi Zirveleri dahil olmak üzere uluslararası toplumun çabaları, şimdiye kadar herhangi somut bir sonuç üretememiştir. temel amacı programını geliştirmek...

Real options investments are expected to take their greatest value during periods of abnormally high uncertainty. This important proposition of real options is empirically difficult to test, since one cannot readily find such well-defined unanticipated periods affecting large numbers of firms. We attempt to address this problem in the real options literature by focusing on the case of Korean fi...

BACKGROUND/OBJECTIVES Food shortage situation in North Korea has gained much interest, however food insecurity caused by the food shortage in North Korean households has not been much investigated. This study examined food security experiences and food consumption pattern of displaced North Korean households currently living in South Korea. SUBJECTS/METHODS Food security experience among 51 N...