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This paper empirically examines the relationship between inter-Korean trade and inter-Korean relations over the past three decades. It asks two questions: (1) Does inter-Korean trade contribute to improved interKorean relations and peace on the Korean Peninsula? (2) Does improved inter-Korean...
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Economic integration between North and South Korea occurs through three modalities: traditional arm's-length trade and investment, processing on commission (POC) trade, and operations within the Kaesong Industrial Complex (KIC). In order, these three modalities are characterized by decreasing...
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distribution of low-income counties changes from regions near South Korean borders to regions near Chinese borders as sanctions are …
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more rigid sanctions imposed on North Korea become effective, its trade and investment will decrease and its GDP growth …
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