North Korea s economic and security policies imperil both itself and its neighbours. The economy has been contracting for almost a decade, and the regime appears unwilling or unable to arrest the decline. Instead, Pyongyang has resorted to begging for international aid. This approach alone cannot work: fundamental reform is needed; without it, the regime cannot survive. In the meantime, the North s problems will be destabilising for the region. Pyongyang has secured short-term international humanitarian assistance, but in the long term the South is its best hope for investment and economic...
North Korea s economic and security policies imperil both itself and its neighbours. The economy has been contracting for almost a decade, and the reg...