 EAI Asia Security Initiative Working Paper No. 11 |
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Since 2001, as the military-first was on the rise, North Korea has promoted economic strategy focusing mainly on the defense industry. However, there was a structural limit on the economic policy concentrated on political survival rather than economic growth and development, and particularly, it was applicable only to the domestic economy and did not include the strategy for external economic relations which was crucial for vitalizing economy. Therefore, to avoid economic decline and collapse of the system, and to realize growth and development, Pyongyang needs to abandon military-first, reform the system, and open its market. The role of South Korea and the international community in that process is to provide a friendly environment to North Korea's implementation and reform of its advanced strategy, and to actively support capital, information and technology. 
 
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