US Korea Institute

Thursday November 27th 2014
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Posts Tagged ‘economy’

Pyongyang’s Perpetual Power Problems

Pyongyang’s Perpetual Power Problems

While foreign observers and media have fixated on Kim Jong Un’s buildup of entertainment facilities such as water parks, fun fairs and a ski resort, the DPRK leadership has also devoted considerable resources to important infrastructure projects such as energy production, port improvement, highways, railways and airports. However, while it [...]

Russia-North Korea Economic Ties Gain Traction

Russia-North Korea Economic Ties Gain Traction

In a new global situation unfortunately characterized by increased big power rivalry—where Russia has suddenly become the chief opponent, if not enemy, of the United States—Russia’s involvement in Korean peninsular affairs has increased political implications for Moscow. The Korean peninsula, centered in a crucial neighboring area, has [...]

Next Steps in DPRK Sanctions: Is There a Magic Bullet?

Next Steps in DPRK Sanctions: Is There a Magic Bullet?

Sanctions are a growth industry in Washington. Whether the problem is international terrorism, external aggression, humanitarian crisis, human rights violations, civil war or the proliferation of weapons of mass destruction, the US government reaches first for its rather ample powers to restrict access of target countries to the international [...]

A Tale of Two Kaesong Industrial Zones: Not All Foreign Investment is Created Equal

A Tale of Two Kaesong Industrial Zones: Not All Foreign Investment is Created Equal

Promoting foreign direct investment and enhancing commercial engagement is often touted as a potential catalyst for enticing isolated, authoritarian regimes to enact reforms and constructively engage with the international community. Promoting this sort of constructive commercial engagement with North Korea, however, is far easier said than done. [...]

Hello Kitty, Hello Wonsan

Hello Kitty, Hello Wonsan

Wonsan, on the DPRK’s east coast, by all accounts, used to bustle—at least by DPRK standards. If the recent outreach between Japan and North Korea bears fruit, Wonsan could undergo a 21st century revival. Since Japan banned all trade with the DPRK in the wake of the disastrous Kim-Koizumi summit of 2002, Wonsan has been a shell of its [...]

The SPA Session of April 2014: Spotlight on Sports and Economic and Trade Zones

The SPA Session of April 2014: Spotlight on Sports and Economic and Trade Zones

The first session of the newly elected 13th Supreme People’s Assembly (SPA, North Korea’s parliament) was fairly mundane without too many big surprises. There were no unexpected changes on the personnel front, the constitution was not amended, no new laws were promulgated, no reform and opening policy was formulated, no new weapons were [...]

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