Chinese Trade and Investment in North Korea/ Survey of Local Businesses in Dandong (in Korean)
Seoul National University Unification Studies Series – 27
Authors: Kim Byeong-yeon, Jeong Seung-ho
Book Introduction
Changes and Prospects of North Korea’s Economy through Economic Exchanges in the Border Region between North Korea and China
From the 1990s to the present, the key words that explain changes in the North Korean economy are “market” and “trade.” North Korea is no longer a closed socialist economy. Internal marketization has progressed and external trade has soared. China’s Dandong city, which has all the waterways, roads, railways and pipelines in the North Korea-China border trade zone, plays the most important role in economic relations between North Korea and China. The book is the first study to collect and analyze data on local companies dealing with North Korea and examine the characteristics, trends and limitations of North Korea’s foreign transactions at the corporate level. Based on quantitative analysis results of 176 companies in Dandong, the government analyzes the institutional characteristics of economic exchanges between North Korea and China through the border area, and provides insight into what kind of dynamics foreign economic exchanges will create within the North through consideration of the characteristics and operation of Dandong’s economic exchange infrastructure.
About the Authors
Kim Byeong-yeon : Current Professor of Economics at Seoul National University
Jeong Seung-ho : Current Professional Researcher at the Bank of Korea Economics Research Institute
