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Compared with the first North Korean nuclear crisis in the mid-1990s, the second North Korean nuclear crisis of the early 2000s reveals very different features. The second crisis led to dialogues on how to manage a regional security issue. Moreover, the crisis underwent three diverse phases that can be used to test the assumptions behind three models of security studies: hegemony, concert of powers, and collective security. This analysis of the North Korean case demonstrates ways of organizing regional security in Northeast Asia in the post-Cold War era and thus examines whether certain historical phases of the second North Korean nuclear crisis can be categorized into and explained by these different security models.