| Author: |
Chinese Aided Special Economic Zones as a Means for North Korean Reform |
| Author affiliations: |
Ohio State Univ.: Knowledge Bank at OSU |
| Publication date: |
2013 |
| Subject terms: |
North Korea ; Special Economic Zones ; Reform ; China ; SEZ ; Kim Jong-un |
| Document type: |
|
|
Abstract:
|
The purpose of this thesis is to provide an introduction and analysis of the special economic zones (SEZ) that are being established in the Democratic People’s Republic of Korea (North Korea or the DPRK) in conjunction with the People’s Republic of China (China or the PRC) and to determine whether these SEZs will result in an “opening up” of North Korea. Beijing, known historically for its pragmatic economic policies, typically invests into regions that it believes can increase the amount of foreign direct investments (FDI) by corporations and other nations. However, in the case of the special economic zones in North Korea, China is attempting to do far more than what their South Korean (Republic of Korea or ROK) counterparts are doing with the Kaesong Industrial Complex (KIC), which is to capitalize on the low labor costs in North Korea and encourage economic reform. In comparison to the KIC, which almost entirely focuses on manufacturing, Beijing seeks to create a zone that would allow exports, imports, manufacturing, financial services, and tourism. This is part of China’s overall Changchun-Jilin-Tumen (Changjitu) Plan, which focuses on boosting the economy of Jilin, a province that has lagged behind China’s rapid coastal development. Chinese investors believe that the geostrategic location of the Rason Special Economic Zone can help the Changjitu Project achieve a 19% growth rate and create an output of over $200 billion by 2020 |
| Database: |
索引类 |