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ID110443
Title ProperProspects of economic reform in North Korea
Other Title Informationcomparisons with China, Vietnam and Yugoslavia
LanguageENG
AuthorSzalontai, Balazs ;  Choi, Changyong
Publication2012.
Summary / Abstract (Note)The article investigates the political and diplomatic factors influencing the prospects of North Korea's post-2002 experiment with market-oriented economic reforms. Comparing the North Korean situation with the experiences of Yugoslavia, China and Vietnam, it concludes that a certain degree of political liberalisation, the successful normalisation of P'y[ocheck]ngyang's relations with the US, South Korea and Japan, and the decoupling of foreign economic assistance from military negotiations are essential preconditions of a successful reform process in North Korea. In the absence of these preconditions, economic crises alone are insufficient to stimulate a comprehensive reform programme, although they might inspire certain superficial corrective measures.
`In' analytical NoteEurope-Asia Studies Vol. 64, No.2; Mar 2012: p.227-246
Journal SourceEurope-Asia Studies Vol. 64, No.2; Mar 2012: p.227-246
Key WordsNorth Korea ;  Diplomacy ;  Yugoslavia ;  China ;  Economic Reform ;  Foreign Economic Assistance