Archive for the ‘Korea Economic Institute’ Category

Buying into the Hermit Kingdom

Thursday, December 2nd, 2010

A couple of Weeks ago, the Korea Economic Institute released a paper by Kevin Shepard on foreign direct investment and trade with the DPRK.  May of the topics discussed will be familiar to readers of this blog, so I thought I would repost it here.

Buying into the Hermit Kingdom: FDI in the DPRK (PDF)
Korea Economic Institute Academic Paper Series: November 2010, Volume 5, No. 11
Kevin Shepard

Additional Informaiton:
1. Previous KEI academic papers can be found here.

2. North Korea CRS reports.

3. My DPRK Economic Statistics Page

4. My DPRK Business Resources Page (which needs updating)


Expert says N.K. becoming more open, better at dealing with national disasters

Monday, September 24th, 2007


North Korea is becoming more transparent and effective in dealing with disasters, spurred by both internal and external factors, an Asia-Pacific regional specialist said in his latest paper.

Dr. Alexandre Mansourov, a securities studies professor at the Asia-Pacific Center for Security Studies (APCSS) in Hawaii, noted five trends in the North Korean government’s responses over the past decade to nationwide shocks, including floods, typhoons, drought and avian influenza outbreaks.

Increasing transparency is one of the trends, with Pyongyang more quickly admitting to disasters that have struck the nation, he said in a paper (download here) released last week through the Korea Economic Institute in Washington.

It took North Korea several years to admit the impact of natural disasters in the mid-1990s that led to massive starvation and chronic food shortages. But in August 2000, when it was hit by Typhoon Prapiroon, North Korea released the news three weeks after it occurred, and in the two following years, when other typhoons struck, North Korea reported it within three to six days, Mansourov said.

Pyongyang immediately acknowledged flooding in August 2007, he said.

“Observers agree that the timeliness, details, and amount of coverage of flood damage and rehabilitation work in August 2007 is unprecedented.”

North Korea is also showing institutional knowledge and a capacity for disaster management, with new organizations growing out of a decade of learning and experience, such as various provincial centers, the professor said.

The North Korean Red Cross Society has been exceptional, he said, working with the International Federation of Red Cross and Red Crescent Societies, and has made itself the leading agency in disaster preparedness and response.

Inter-agency coordination has also increased, with deputy prime minister-level working groups working closely together in each disaster since the flood of 2001, as there are preventive programs through which basic relief supplies are stored in town and villages.

For example, the 10-year strategy against avian influenza, worked out by the emergency commission in 2005, would have been unthinkable a decade ago, Mansourov wrote.

Another notable trend is the increasing cooperation between the North Korean government and international humanitarian community, gradually allowing joint needs assessments and monitoring, he noted.

Mansourov argued that external factors helped bring about the changes.

“International factors did make a difference in what happened in (North Korea), especially through the introduction of innovative ideas and dissemination of best humanitarian practices,” in addition to foreign aid, he said.

The scholar also argued that while the country’s top leader, Kim Jong-il, does control any institutional changes, there is also adaptation driven by needs.

“There has been some degree of autonomous institutional learning and adaptation; it is incremental in nature and caused by both positive and negative feedback from the environment regarding institutional performance in crisis situations,” he said.


Korea Economic Institute published new data

Thursday, July 26th, 2007

May 2007

Link to KEI web site power point presentation.
PDF here:Korea Economic Institute.pdf

Topics covered:

Nominal and Per Capita GNI
Population and Per Capita GNI
GDP Growth
Industrial Structure in 2004 (% of total GDP)
GDP Growth Rates by Industry
North Korea’s External Trade
Trade with Major Trading Partners (2005)
North Korea’s Principal Trade Partners by Year
Inter- Korean Trade
South Korea’s Exports to North Korea By Type
South Korea’s Processing-on-Commission Trade with North Korea