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Developing inter-Korean economic relations for the advancement of the Korean peninsula

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  • Developing inter-Korean economic relations for the advancement of the Korean peninsula
  • Lim, Kang-Teag; Kim, Kyuryoon; Zang, Hyungsoo; Cho, Hanbum; Choi, Taeuk
  • Korea Institute for National Unification


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Title Developing inter-Korean economic relations for the advancement of the Korean peninsula
Similar Titles
Material Type Reports
Author(English)

Lim, Kang-Teag; Kim, Kyuryoon; Zang, Hyungsoo; Cho, Hanbum; Choi, Taeuk

Publisher

Seoul:Korea Institute for National Unification

Date 2009-07
Series Title; No Studies Series / 09-02
Pages 57
Subject Country North Korea(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Administration
Holding KINU

Abstract

Prospects for inter-Korean relations are unclear at present, as tensions in North-South relations have increased with the inauguration of the new South Korean government and the deadlock over the North Korean nuclear issue. The Obama administration took office under the banner of economic recovery but the U.S.-generated financial crisis is still affecting the world. The unstable economic outlook still burdens the ability of the Obama administration to create policy initiatives. In addition, increasing uncertainties concerning North Korea due to Kim Jong-il’s ailing health create strenuous challenges for the Lee Myung-bak government, whose goal is to establish a peace regime on the Korean peninsula and a mutually beneficial inter-Korean relationship. Inter-Korean dialogue is at a stalemate as North Korea resists the Lee administration’s hard-line policy towards the DPRK, which marks a departure from the softer policies of previous governments. (The rest omitted)