http://www.nkeconwatch.com/2008/11/13/kumgangkaesong-update/ News and analysis of the North Korean economy Fri, 19 Mar 2010 13:31:12 +0000 http://wordpress.org/?v=2.3.2 http://www.nkeconwatch.com/2008/11/13/kumgangkaesong-update/#comment-122523 North Korean Economy Watch » Blog Archive » Little sunshine on this cloudy day Tue, 25 Nov 2008 01:03:27 +0000 http://www.nkeconwatch.com/2008/11/13/kumgangkaesong-update/#comment-122523 [...] Last week North Korean Economy Watch reported Pyongyang’s irrational economic policy threats which could end the flow of millions of South Korean dollars into North Korean coffers.  I use the word “irrational” because government policies are typically designed to increase revenues to the treasury (or to coalition/constituent members), not scare them away.  Today, however, North Korea reaffirmed its commitment to closing the border with South Korea on December 1, though with some qualifications: [...] […] Last week North Korean Economy Watch reported Pyongyang’s irrational economic policy threats which could end the flow of millions of South Korean dollars into North Korean coffers.  I use the word “irrational” because government policies are typically designed to increase revenues to the treasury (or to coalition/constituent members), not scare them away.  Today, however, North Korea reaffirmed its commitment to closing the border with South Korea on December 1, though with some qualifications: […]

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