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  • KDI Review of the North Korean Economy, December 2019
  • Date December 31, 2019
  • Language Korean
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KDI Review of the North Korean Economy for December introduces three articles contributed by professor Wooseon Choi at KNDA, senior research fellow Soo Ho Lim at INSS and professor Ji-youn Park at Chonbuk National University.

In “Prospect of North Korea’s Denuclearization and South Korea's Policy,” Choi analyzed the causes behind the long stalemate in nuclear negotiations and then came up with a host of new policies expected from North Korea and the US, along with realistic negotiation scenarios. Based on these, author discussed on policy directions for Korea to pursue.

Lim's “Mid- to Long-term Effects of Sanctions against North Korea” inferred what would happen to the North Korean economy as a result of the sanctions on coal and iron ore exports which account for the largest share of the nation’s exports.

Lastly, Park’s “Implementation of UN's Sustainable Development Goals and International Development Cooperation” contemplated the link between the global community’s recent development cooperation in North Korea and the UN's implementation of the SDGs and features her insight into the future direction of the link.
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Office of Global Economy
Providing Economic Forecast and Macroeconomic Policy Direction, the Groundwork for a Brighter Future

The Department of Macroeconomics is conducting researches on the macro economy and macroeconomic policy, particularly focusing on suggesting the analysis of macroeconomic trends and current status of the economy at home and abroad, the economic forecast, and the policy direction of the macro economy. The Department is also in charge of establishing, sustaining and maintaining various econometric models, based on which it analyses policy effects and develops a long-term economic forecast.

Main Tasks
  • Economic trend analysis, short- and long-term forecast
  • Policy study on macroeconomic management
  • Basic structural analysis on macroeconomic areas
  • Maintenance of multi-sectoral dynamic macroeconomic model
Department of Macroeconomic Policy
  • LEE. Tae Suk

    Director, Division of Analysis and Evaluation

    82-044-550-4725
  • CHO, Byungkoo On leave

    Director and Vice President, Department of North Korean Economy

    82-044-550-4725
  • LEE, Jongkyu

    Fellow

    82-044-550-4725
  • WEE, Hyeseung Dispatched

    Research Associate

    82-044-550-4725
  • NAM, Jinwook On leave

    Specialist

    82-044-550-4725
  • KIM, Seulki

    Research Associate

    82-044-550-4725
  • CHUN, Eunkyung

    Research Associate

    82-044-550-4725
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