After fife month the special economic zone Kaesong Industrial Complex (KIC) in North Korea was reopened again on 16 September 2013. By this way, it is the last remaining centrepiece of North-South economic cooperation on the Korean peninsula. Established during the period of "Sunshine policy"...

The purpose of this paper is to estimate impacts of core infrastructure investments in North Korea on South and North Koreas. The investment expenditures of core infrastructure projects in North Korea are calibrated as 9.35 billion US$ including highway, railroad and industrial complex. Since...

North Korea reveals a surprising openness to capitalism in its foreign investment laws. This understudied aspect of the country could carry decisive policy implications for sustainably ending the Korean War and the Korean nuclear crisis. There are nevertheless doubts on whether these laws truly...

This study examines the current status of North Korea's IT industry and the structural problems embedded in its IT sector. Although North Korea's IT industry, in general, is still in the infancy stage, North Korea has made considerable progress in the IT industry since the late 1990's. North...