Changyong Choi, Associate Professor at the Seoul
National University Graduate School of Public Administration, calls for South
Korea to engage in trilateral cooperation with international financial
institutions to offer capacity-building programs and knowledge-sharing projects
to North Korea, thereby providing the North with education and training on the
market economy. The author argues that it is important to encourage the North
to divert investment from nuclear development to technological and capital
development, legalize commerce, and formalize institutions for taxation and
trade regulations. He further states such technical development will help to
build state capacity, reduce inter-Korean tensions, and support North Korea’s
transition to a market-based economy.
