The North Korean Economy, and it’s Future: Change vs. the Status Quo

GW Institute for Korean Studies and KDI School of Public Policy and Management

City View Room, Elliott School of International Affairs, the George Washington University, 1957 E Street, NW, Washington, DC 20052

September 27, 2019, 9:30 am to 3:45 pm

The North Korean economy went through a turbulent period since the UN Security Council imposed unprecedented sanctions targeting North Korea’s key foreign currency earning exports. In response to the changing external dynamics and internal marketization, Kim Jong-un announced a “new strategic line” putting relatively more emphasis on economic development. In this context, our first North Korea Economic Forum Conference will examine the current state of the North Korean economy and North Korea’s adaptation and coping strategies. The first session will focus on North Korea’s changing monetary system, the likelihood of North Korea’s reform and opening up, and alternatives to inter-Korean economic cooperation. The second session will discuss North Korea’s economic coping strategies and the signs of political leadership adaptation in dealing with UN sanctions and changing security dynamics. The third session will examine the role of top-down economic policies and institutional strategy and bottom-up logistics revolution.

Register here: https://docs.google.com/forms/d/13dEpPsQqKXY2BG54XLuFbXL17Pdc2WbjBMbVeF-ip2Y/viewform?edit_requested=true

Program

09:00 a.m. - 09:15 a.m. Registration
09:15 a.m. - 09:45 a.m. Breakfast Reception
09:45 a.m. – 10:00 a.m. Congratulatory Remarks

Jisoo M. Kim, moderator, Director, GW Institute for Korean Studies
Reuben E. Brigety, Dean, the Elliot School of International Affairs at the George Washington University
Jong-Il You, Dean, KDI School of Public Policy and Management

10:00 a.m. – 12:00 p.m. Session I. Current state of the North Korean economy

Wook Sohn (moderator), Professor, KDI School of Public Policy and Management
William Brown, Adjunct Professor, Georgetown University, “North Korea and its Money”
Junghun Cho, Director of International Studies, Ajou Institute of Unification, “Applying International Development Principles and Practices for the Prospective Development of North Korea”
Kevin Gray, Research Fellow, Center for Global Political Economy, University of Sussex, “Present and Future Trajectories of North Korean Development in Comparative Perspective”
Comments and Q&A

12:00 p.m. – 01:00 p.m. Keynote Luncheon

Keynote Speaker: Mark Lippert (Former U.S. Ambassador to the Republic of Korea)

01:00 p.m. – 02:15 p.m. Session II. North Korea’s Coping Strategies and Political Adaptation

Celeste Arrington, moderator, Korea Foundation Assistant Professor of Political Science and International Affairs, the George Washington University
Sue Mi Terry, Senior Fellow, Korea Chair, Center for Strategic and International Studies, “Assessing the impact of sanctions, North Korea’s evasion efforts, and its overall strategy”
Ken Gause, Director of the Adversary Analytics Program, International Affairs Group, Center for Naval Analyses, “North Korean leadership dynamics, sanctions relief, and the period of diplomacy”
Comments and Q&A

02:15 p.m. – 02:30 p.m. Coffee Break

02:30 p.m. – 03:45 p.m. Session III. The Role of Economic Policies and Market Efficiency in Adaptation and Coping Strategies”

Celeste Arrington, moderator, Korea Foundation Assistant Professor of Political Science and International Affairs, the George Washington University
Jong-Kyu Lee, Research Fellow, Korea Development Institute, “North Korea’s Economic Challenges: Focusing on KJU’s Era”
Yonho Kim, Associate Director, GW Institute for Korean Studies, “North Korea’s Logistics Revolution and a New Business Era of ‘Stay-at-Home’ Merchants”
Comments and Q&A

View Original Invitation.