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KDI - Korea Development Institute

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North Korea Economy KDI Review of the North Korean Economy, February 2024 February 29, 2024

North Korea Economy

Monthly published paper on the current status of the North Korean Economy and major
issues on inter-Korean economic cooperation assisting academia, policy makers and corporate sectors to better understand North Korea

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LanguageKOR
KDI Review of the North Korean Economy, February 2024
February. 29. 2024
Summary
The February 2024 issue of the North Korea Economic Review provides a detailed analysis of North Korea's shifts in political, economic, and military strategies, particularly emphasizing the stronger relationship with China and changing views on unification in South Korea. It notes North Korea's increased military focus on South Korea and proactive foreign policies to broaden its global presence amidst US-China tensions. The review also mentions the reduced expectations for unification in South Korea and how this impacts policies towards North Korea. Moreover, it discusses the deepening strategic partnership between China and North Korea in the context of US-China competition, predicting significant effects on the Korean Peninsula and regional security. Through this in-depth analysis, the Review offers insightful forecasts on the future of the Korean Peninsula, North Korea's domestic and international political strategies, and its role in the international community, providing key insights for policymakers and academics. It underscores the necessity for more comprehensive geopolitical analysis reflecting the intricate international circumstances and domestic political changes, reaffirming the significance of North Korean studies.
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