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Korea’s Economy Volume 31

Publication: August 2017

Full Book | Korea's Economy Vol. 31

Dear Readers, With the 31st edition of Korea’s Economy, we have turned our focus to Northeast Asia where China and Japan represent two of South Korea’s most important trading partners. Meanwhile, North Korea remains an economic and security challenge. As with past years, this edition of Korea’s Economy maintains our…

History, International Relations, and Public Health - The Case of the Democratic People's Republic of Korea 1953-2015

The historical legacy of North Korea is characterized by occupation and conflict, and economic rehabilitation and then collapse, with tragic and widespread consequences for population health. From the standpoint of the historical determinants of health, this paper reviews the health system in North Korea between 1953 and 2016. Ideology and…

Lim Soo-ho

Present Conditions of North Korean Industry and Possible Reconstruction Plans

Since the collapse of industry during the 'Arduous March' (1995-1997), Pyongyang has continuously launched reconstruction plans but has failed to see a rebound. The key is to restore industrial linkages; however, the DPRK allocated a majority of state investment to the defense industry under the 'Military First Economic Policy.' As…

Kwon Young-in, Na Hee Seung, Kim Kyoung-Sik

Strategies for Development of Transport Infrastructure in North Korea for Unification and Beyond

It has been reported that passenger transport and logistics between regions in North Korea are very difficult due to deterioration and imperfect maintenance of transport infrastructure and limited investment in the facilities for several decades. If South Korea and North Korea are unified, massive investment in the development of transport…

Lee Jae Young

Korea-Mongolia Economic Relations: Current Status and Cooperation Measures

Since the establishment of diplomatic relations in 1990, Korea and Mongolia have broadened cooperation in various areas such as politics, economy, society, and culture given their geographical proximity and cultural similarities. However, the progress of economic cooperation which has been identified as one of the pillars of Korea-Mongolia cooperation is…

Kim Gyu-Pan

Korea's Economic Relations with Japan

Korea's economic relations with Japan, which were re-established as a result of the diplomatic normalization between the two countries in 1965, have transformed from dependent to interdependent. The extraordinary economic growth that Korea accomplished during the post-war period was largely due to intermediate goods imported from Japan, and technical cooperation…