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[Global NK Newsletter] Washington’s North Korea Policy, DPRK-China Economic Ties

  • 2022-10-25
 

October 11, 2022

[Global NK Interview] Evaluation of Washington’s North Korea Policy and a Path for the Denuclearization of North Korea

Mr. Ken Gause, Research Program Director of the Center for Naval Analyses, claims that the North Korea issue has been put on the back burner because Washington’s top priority was always the Great Power competition. This made Pyongyang continue to strengthen its military capabilities to increase the salience of its demand; thus, the Washington-Pyongyang power asymmetry has been the structural factor that worsened the North Korea problem. However, it seems the Biden administration is pursuing a “strategic patience” policy similar to that of the Obama administration. Mr. Gause urges the Biden administration to engage with North Korea actively, and US’s North Korea policy must be re-examined and incorporated as a part of a larger strategy tied to the great power competition.

 

[Global NK Commentary] The Influence of the COVID-19 Pandemic on the DPRK-China Economic Ties and their Impact on the Korean Peninsula 

In normal economies, currencies weaken  in times of difficulty, but North Korea’s currency has surged against the US dollar and the market prices have been remarkably stable during the pandemic. Eun-lee Joung, a research fellow at Korea Institute for National Unification, claims that a flexible border control policy of North Korea and China, and Pyongyang’s various measures in response to the economic sanctions, including the substitution of foreign goods for domestic goods appear to affect the outcome. She mentions that the possibility of a prolonged conflict between Russia and Ukraine could make North Korea strengthen the existing economic cooperation with China and Russia, which will ultimately serve as an impediment to re-establish relations between the two Koreas. However, Dr. Joung highlights that Pyongyang’s tourism industry is likely to expand, which is expected to stimulate non-governmental exchange and induce North Korea toward openness.

 
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