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Industrial Policy for North Korea: Lessons from Transition

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  • Paul G. Hare

Abstract

Possible directions of industrial policy for North Korea are developed in this paper, drawing on the experience of the European transition economies and focusing on privatisation and restructuring, new business formation, and export promotion. North Korea at present is largely closed, and its agriculture is over-developed. Through export promotion and other measures of industrial policy the country will be able to raise living standards and greatly improve food security.

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File URL: http://www.sml.hw.ac.uk/downloads/cert/wpa/2007/dp0710.pdf
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Bibliographic Info

Paper provided by Centre for Economic Reform and Transformation, Heriot Watt University in its series CERT Discussion Papers with number 0710.

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Date of creation: 2007
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Handle: RePEc:hwe:certdp:0710

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Keywords: North Korea; economic reform; export promotion; industrial policy;

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