The Current Status and Prospects of the Economic Relationship between North Korea and China

After the socialist market collapse after 1990s, the economic relationship of North Korea and China is becoming closer. It can be proven by the fact that economic relationship between this two countries are transferring from the national trade model to various models such as border trade, agency tra...

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Main Author: Myoungchul Cho
Format: Article
Language:English
Published: Korea Institute for International Economic Policy 1998-06-01
Series:East Asian Economic Review
Subjects:
Online Access:http://dx.doi.org/10.11644/KIEP.JEAI.1998.2.2.18
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author Myoungchul Cho
author_facet Myoungchul Cho
author_sort Myoungchul Cho
collection DOAJ
description After the socialist market collapse after 1990s, the economic relationship of North Korea and China is becoming closer. It can be proven by the fact that economic relationship between this two countries are transferring from the national trade model to various models such as border trade, agency trade, the illicit trade and investment aid. In this progress, North Korea rely China more than in 1990. But after 1992, the economic relationship is falling from the political priority as before, blind support and assistance based on the nature of the economic benefits to the rapid changes in relationship. This thesis reviewed economic relations in the world environment which has changed. First it analyzed the national economy and trade policies adopted in the current situation of two countries, and on this basis, it looked forward to the economic relationship between the two countries, and point out the measures regarding the relationship between two countries.
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spelling doaj.art-e3fb4e41a37240f88961fff17676eed22022-12-21T23:33:39ZengKorea Institute for International Economic PolicyEast Asian Economic Review2508-16402508-16671998-06-0122145181http://dx.doi.org/10.11644/KIEP.JEAI.1998.2.2.18The Current Status and Prospects of the Economic Relationship between North Korea and ChinaMyoungchul Cho After the socialist market collapse after 1990s, the economic relationship of North Korea and China is becoming closer. It can be proven by the fact that economic relationship between this two countries are transferring from the national trade model to various models such as border trade, agency trade, the illicit trade and investment aid. In this progress, North Korea rely China more than in 1990. But after 1992, the economic relationship is falling from the political priority as before, blind support and assistance based on the nature of the economic benefits to the rapid changes in relationship. This thesis reviewed economic relations in the world environment which has changed. First it analyzed the national economy and trade policies adopted in the current situation of two countries, and on this basis, it looked forward to the economic relationship between the two countries, and point out the measures regarding the relationship between two countries.http://dx.doi.org/10.11644/KIEP.JEAI.1998.2.2.18Economic Relationship North Korea and ChinaSocialist Countries
spellingShingle Myoungchul Cho
The Current Status and Prospects of the Economic Relationship between North Korea and China
East Asian Economic Review
Economic Relationship North Korea and China
Socialist Countries
title The Current Status and Prospects of the Economic Relationship between North Korea and China
title_full The Current Status and Prospects of the Economic Relationship between North Korea and China
title_fullStr The Current Status and Prospects of the Economic Relationship between North Korea and China
title_full_unstemmed The Current Status and Prospects of the Economic Relationship between North Korea and China
title_short The Current Status and Prospects of the Economic Relationship between North Korea and China
title_sort current status and prospects of the economic relationship between north korea and china
topic Economic Relationship North Korea and China
Socialist Countries
url http://dx.doi.org/10.11644/KIEP.JEAI.1998.2.2.18
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