Industrial Policy for North Korea: Lessons from Transition

Paul Hare ()

No 710, CERT Discussion Papers from Centre for Economic Reform and Transformation, Heriot Watt University

Abstract: Possible directions of industrial policy for North Korea are developed in this paper, drawing on the experience of the European transition economies and focusing on privatisation and restructuring, new business formation, and export promotion. North Korea at present is largely closed, and its agriculture is over-developed. Through export promotion and other measures of industrial policy the country will be able to raise living standards and greatly improve food security.

Keywords: North Korea; economic reform; export promotion; industrial policy (search for similar items in EconPapers)
JEL-codes: L50 P21 P31 (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:hwe:certdp:0710

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