This paper analyzes the future growth potential of the North Korean economy, conditional on economic reform and integration with South Korea. The growth projections based on cross-country evidence show that, if North Korea embarks on substantial policy reforms toward a market-oriented and open...

This paper analyzes the future growth potential of the North Korean economy, conditional on economic reform and integration with South Korea. The growth projections based on crosscountry evidence show that, if North Korea embarks on substantial policy reforms toward a market-oriented and open...

This paper explores the economic impacts of Korean unification on North and South Korea. It presents a new consistent database on macroeconomic, sectoral and trade data, and an input output table for the North Korean economy, and then incorporates it in a global intertemporal multi-sector...