US Korea Institute

Friday May 26th 2017
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Posts Tagged ‘economics’

How to (or Not to) Reboot the Sunshine Policy

How to (or Not to) Reboot the Sunshine Policy

Moon Jae-in, the Minjoo Party candidate for the South Korean Presidency, presented his North Korea policy last week. The frontrunner’s core idea is to create an “economic community” that will lead to “permanent peace for the peninsula and a solution to the North Korea nuclear crisis.” His grandiose vision centers on reviving the Kaesong [...]

The Real Economics of Kaesong

The Real Economics of Kaesong

The February debate on 38 North between Ruediger Frank and William Brown highlighted opposing views about the Kaesong Industrial Zone (KIZ), and it most likely helped readers to better understand the ins and outs of the KIZ. (Photo: Getty Images) Nonetheless, their debate missed some important aspects of the KIZ, and included arguments [...]

The Economics of Kaesong: Examining the Numbers

The Economics of Kaesong: Examining the Numbers

In response to my article on the Kaesong closure, I have received many helpful comments. In some cases, they confirmed my position; in others, they provided valid criticism that compelled me to check and rethink my arguments. Photo: Yonhap News. One of these comments has been published as a separate article at 38 North by Mr. William Brown. [...]

Case Study: Business Training for North Korean Women

Case Study: Business Training for North Korean Women

In the fall of 2012, Choson Exchange inaugurated a Women in Business (WIB) program in North Korea. The program was meant to encourage the participation of females in business and entrepreneurship training among our target demographic of 20-40 year old young professionals. Participants would attend a workshop in North Korea, from which, we would [...]

Kim Jong Un’s New Year’s Speech

Kim Jong Un’s New Year’s Speech

Kim Jong Un’s urging to “put an end to slander and calumny that brings no good to either side,” and his offer to “join hands with anyone who opts to promote inter-Korean relations...regardless of his or her past,” goes a step beyond the line he took in key speeches in 2012 and 2013, signaling an intention to keep the door open for [...]

North Korea’s Push for Special Enterprise Zones: Fantasy or Opportunity?

North Korea’s Push for Special Enterprise Zones: Fantasy or Opportunity?

In recent weeks North Korea has actively publicized in domestic and foreign news media its determination to pursue an aggressive strategy to develop special enterprise zones (SEZs) throughout the country. This follows and complements the agreement reached between the two Koreas in September to reopen the Kaesong Industrial Complex (KIC)—which [...]

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Credit for photo of young North Korean girl: T.M. All rights reserved, used with permission.