IMF

BUSAN, South Korea - With the sudden passing of Kim Jong-il, the foreseeable future of news about Korea will be dominated by speculation about North Korea’s instability, possible collapse, and of course reunification. However, it is important to not get caught up into ideas of crisis about such a “rogue” state and keep in mind that Europe, the United States, and South Korea have undergone their fair share of destabilizing events over the past year.