북한의 시장화 실태분석 및 경제체제 변화 전망 (The Current Situation of Marketization in North Korea and Prospects for Change of Its Economic System)

North Korea is similar in that it has a political structure unfavorable for reforms, hence, the North is likely to follow in the footsteps of the CIS states. Also, North Korea has an unfavorable initial condition in that the level of economic development at the early stage of transition is low. However, what is more significant is how the North sets up a favorable environment for reform with given initial conditions and how actively and efficiently it promotes its reform. Fortunately, North Korea is situated in the most dynamic geoeconomic location in the world, where neighboring countries like South Korea, China and Russia can play a positive role in supporting Pyongyang to step forward toward transition to a market economy. This is a critical moment for Pyongyang, and Seoul, along with the international community, in moving forward to assist North Korea in a bid to bring about better and faster reforms