http://www.nkeconwatch.com/2008/11/24/little-sunshine-on-this-cloudy-day/ News and analysis of the North Korean economy Sat, 20 Mar 2010 14:12:04 +0000 http://wordpress.org/?v=2.3.2 http://www.nkeconwatch.com/2008/11/24/little-sunshine-on-this-cloudy-day/#comment-146175 North Korea Clamps Down on Cross-Border Commerce with South | ThunderPost Fri, 03 Jul 2009 14:47:19 +0000 http://www.nkeconwatch.com/2008/11/24/little-sunshine-on-this-cloudy-day/#comment-146175 [...] As a South Korean manager, frequent cross-border links for both goods and services (tourism) would provide some additional assurances. But with tourism shut down, companies invested in Kaesong will need to adjust their supply chain risk assessments. In fact, with the economy slowing, these companies may be able to find sourcing in China or elsewhere at discount while gaining reductions in overall risk. More thoughts here from North Korea Economy Watch. [...] […] As a South Korean manager, frequent cross-border links for both goods and services (tourism) would provide some additional assurances. But with tourism shut down, companies invested in Kaesong will need to adjust their supply chain risk assessments. In fact, with the economy slowing, these companies may be able to find sourcing in China or elsewhere at discount while gaining reductions in overall risk. More thoughts here from North Korea Economy Watch. […]

]]> http://www.nkeconwatch.com/2008/11/24/little-sunshine-on-this-cloudy-day/#comment-122560 Mike Tue, 25 Nov 2008 18:39:17 +0000 http://www.nkeconwatch.com/2008/11/24/little-sunshine-on-this-cloudy-day/#comment-122560 I wonder if the DPRK will make good on its random firing threats in Kaesong. I doubt it, only because there are much bigger chunks of bean curd for the DPRK authorities to fry in Kaesong. Mr. Melvin is entirely right about the uncharacteristic irrationality in the DPRK's position. The DPRK is in the process of alienating its southern neighbor and turning against PRC to position itself to deal with the US (and its new administration) on a bi-lateral basis, and away from the Six Party Talks. As for foreign investment; we are seeing as lot of money coming out of the Middle East. ME and SWF investment in the DPRK is less money they have to seek from other parties. I wonder if the DPRK will make good on its random firing threats in Kaesong. I doubt it, only because there are much bigger chunks of bean curd for the DPRK authorities to fry in Kaesong. Mr. Melvin is entirely right about the uncharacteristic irrationality in the DPRK’s position. The DPRK is in the process of alienating its southern neighbor and turning against PRC to position itself to deal with the US (and its new administration) on a bi-lateral basis, and away from the Six Party Talks. As for foreign investment; we are seeing as lot of money coming out of the Middle East. ME and SWF investment in the DPRK is less money they have to seek from other parties.

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