북한의 빈곤함정 탈출방안으로서의 남북경협 = North Korea`s Escape from the Poverty Trap through Economic Cooperation with South Korea

다국어 초록 (Multilingual Abstract)

North Korea has experienced negative economic growth since 1990. The negative economic growth resulted from the lack of capital. North Korean capital was destroyed largely at the beginning of the 1990s by the abrupt price increase and the change of the payment system to hard currency following the dismantlement of the cooperation network among socialist countries. Capital destruction in a large scale pushed North Korea into the poverty trap, in which savings are smaller than the volume of depreciation. This is the reason why North Korea experienced negative economic growth rates in the 1990s. North Korea can not escape from the poverty trap without external help from other countries.
The "sunshine policy" of the South Korean government provided a favorable condition for economic cooperation in the Korean peninsular. Recently North Korea seems to accept South Korea as a most possible investor. Mt. Kumkang project and the planned industry comples at the west coast are a symbol of economic cooperation between the two Koreas.
North Korea needs to meet capital requirement of about 800 million dollar yearly to stop its economic decline. The capital flow from the South to the North is not sufficient enough to draw North Korea out of the poverty trap. The assessed volume of South Korean potential investment is not so enough to bring North Korea back to a path of economic growth. However, South Korean investment is necessary for the economic recovery of North Korea, because South Korea will be in real as well as potentially the most generous investor. It can lead to other country's investment. If North Korea undergoes reform measures, and South Korean investment should increase the efficiency of North Korea, then it is possible that the South Korean investment alone can help relieve the North Korean economy.
Due to the above mentioned reasons, economic cooperation between the two Koreas will be intensified in the near future. If the increase in economic cooperation should contribute to the expansion of economic opportunities for the two Koreas, it must be accompanied by grand projects, which will also be important for South Korea, expanding the participating basis and framework of business between the two governments.

목차 (Table of Contents)

• Ⅰ. 서 론
• Ⅱ. 빈곤함정에 빠진 북한경제
• Ⅲ. 북한의 빈곤함정 탈출방안
• Ⅳ. 북한의 빈곤함정 탈출방안으로서의 남북경협
• Ⅴ. 북한의 빈곤함정 탈출가능성과 남북경협 전망
• Ⅵ. 결론 및 요약