EconStor >
OrdnungsPolitisches Portal (OPO) >
Ordnungspolitische Diskurse, OPO >

Please use this identifier to cite or link to this item:
Title:South Korea's aid to North Korea's transformation process: Social market perspective PDF Logo
Authors:Jang, Tae-seok
Issue Date:2007
Series/Report no.:Ordnungspolitische Diskurse 2007-06
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.
Subjects:North Korea
economic transformation
social market economy
development aid
Document Type:Working Paper
Appears in Collections:Ordnungspolitische Diskurse, OPO

Files in This Item:
File Description SizeFormat
685078396.pdf270.72 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.