Industrial Policy for North Korea: Lessons from Transition
AbstractPossible 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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Bibliographic InfoPaper provided by Centre for Economic Reform and Transformation, Heriot Watt University in its series CERT Discussion Papers with number 0710.
Date of creation: 2007
Date of revision:
North Korea; economic reform; export promotion; industrial policy;
Find related papers by JEL classification:
- P21 - Economic Systems - - Socialist Systems and Transition Economies - - - Planning, Coordination, and Reform
- P31 - Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions
- L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
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