The Present and Future Prospects of The North Korean Economy



Myung Chul Cho and Hyoungsoo Zang


Research Fellow
The Korea Institute for International Economic Policy
Seoul, Korea

Index

I. INTRODUCTION


II. NORTH KOREA'S ECONOMIC CRISIS AND ITS CURRENT STATUS

  1. MACROECONOMIC PERFORMANCE
  2. GOVERNMENT BUDGET
  3. EMPLOYMENT
  4. SECTORAL OUTPUT
  5. FOOD SITUATION
  6. ENERGY
  7. PRIMARY AND INTERMEDIATE INPUTS
  8. EXTERNAL SECTOR

III. THE IMPACT OF THE ECONOMIC CRISIS

  1. DISARRAY IN THE RATIONING SYSTEM AND INCRESED MARKET ACTIVITIES
  2. SEVERE WEAKENING OF NORTH KOREA'S ECONOMIC PLANNING SYSTEM AND THE ENSUING DECENTRALIZATION OF THE NORTH KOREAN ECONOMY
  3. NORTH KOREA'S CHANGING ATTITUDE TOWARD THE INTERNATIONAL COMMUNITY

IV. CURRENT STATUS OF AND POTENTIAL FOR NORTH-SOUTH ECONOMIC RELATIONS

  1. NORHT KOREA'S TRADE WITH SOUTH KOREA
  2. SOUTH KOREA'S INVESTMENT IN THE NORTH

V. FUTURE PROSPECTS OF THE NORTH KOREAN ECONOMY

  1. SCENARIOS FOR DEVELOPMENTS IN NORTH KOREA: MAJOR FACTORS AFFECTING FUTURE PROSPECTS
  2. THE NORTH'S TWO-PRONGED APPROACH
  3. THE SOUTH'S APPROACH OF SEPARATING POLITICS FROM ECONOMICS
  4. THE ROLE OF INTERNATIONAL COOPERATION: A PRACTICAL APPROACH
  5. CONCLIDING REMARKS

PREFERENCES

APPENDIX TABLES


E-mail: coe-admi@ier.hit-u.ac.jp