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  • Author: Eui-Gak Hwang
  • Publication Date: 02-2014
  • Content Type: Journal Article
  • Journal: International Journal of Korean Studies
  • Institution: International Council on Korean Studies
  • Abstract: This article will describe the recent status of the North Korean economy and its external trade as well as the derailed North-South economic interaction. Despite several attempts by North Korea to introduce change involving the term 'economic reform', North Korea has not yet advanced during the last thirty years. Its economic deadlocks are owed, first, to its very principles in which economic reform must be permissible only within the set of basic values held by the monoparty about "juche (self-reliant)" socialism. In other words, even partial decentralization is itself being centrally directed and eyed with military-first targets. Second, the North Korean leadership and its supporting elites, the final arbiters deciding how far it is permissible to open its system, are apprehensive that a change in its system would actually lead to the collapse of their established power structure. The fear of reform arbiters regarding a revolutionary bottom-up movement has played a role in inhibiting action. North-South economic cooperation as well as the resistance to North's external openness must also be considered for its potential positive and negative effects on the people in the monarchic hermit kingdom. North Korea is likely to remain little changed as long as Kim's family continues its current rule. The only chance for real change may occur if the young and liberal Kim Jung-eun wakes up and agrees to unite with South Korea.
  • Topic: Economics
  • Political Geography: South Korea, North Korea
  • Author: Bruce Klingner
  • Publication Date: 01-2009
  • Content Type: Journal Article
  • Journal: International Journal of Korean Studies
  • Institution: International Council on Korean Studies
  • Abstract: The U.S.–South Korean security alliance has been indispensable in achieving Washington's strategic objectives and maintaining peace and stability in northeast Asia. A confluence of developments, however, is forcing changes in the alliance. These factors include a changing threat environment, an evolving U.S. military strategy, and South Korea's desire for greater autonomy as a result of its improving military and economic capabilities. It is important that the alliance begin the evolution from a singularly focused mission to a more robust values-based relationship that looks beyond the Korean Peninsula. Without substantial and sustained involvement by the senior political and military leadership, the alliance may not be sufficiently adapted to the new threat environment, including as a hedge against Chinese military modernization. The U.S. and South Korean administrations must also provide a clear strategic vision of the enduring need for the alliance and implement a robust public diplomacy program to prevent the erosion of public and legislative support. The plan to develop a U.S.–South Korean strategic alliance is a testament both to the successes of the long-standing military relationship and to the shared values of the two democracies.
  • Topic: Economics, Military Strategy
  • Political Geography: United States, Asia, South Korea