North Korea in Transition

Edited by Chang-Ho Yoon and Lawrence J. Lau

in Books from Edward Elgar Publishing

Abstract: Recent political developments on the Korean peninsula suggest both the possibility and desirability for the neighboring powers to establish a new framework for regional peace. The US and North Korea have managed to reach an agreement to reduce mutually hostile threats on a reciprocal basis, and to normalize diplomatic relations by removing economic sanctions. They have thus created conditions potentially favorable for the expansion of trade and the inflow of economic assistance and foreign direct investment to North Korea

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2001
ISBN: 9781840646238
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