IDEAS home Printed from https://ideas.repec.org/p/zbw/opodis/200706.html
   My bibliography  Save this paper

South Korea's aid to North Korea's transformation process: Social market perspective

Author

Listed:
  • Jang, Tae-seok

Abstract

South Korea's aid to North Korea is deviated from the international trend in development aid. As a stylized fact, we find that South Korea's policy keeping economic relationship with North Korea was inconsistent and ineffective during the last decade. Since South Korea played a major role in promoting economic transformation process in North Korea, perspectives from social market economy, open economy, stabilization, and investment in infrastructure provide insights in dealing with development aid. Therefore the aid should be conditioned by projects promoting market system. And commercial activities should substitute government aid in a gradual way. Furthermore the evaluation process for policy rules should be designed to avoid rentseeking in advance under the dictatorship in North Korea.

Suggested Citation

  • Jang, Tae-seok, 2007. "South Korea's aid to North Korea's transformation process: Social market perspective," Discourses in Social Market Economy 2007-06, OrdnungsPolitisches Portal (OPO).
    • Handle: RePEc:zbw:opodis:200706
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/55415/1/685078396.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:opodis:200706. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: http://ordnungspolitisches-portal.de/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.