Abstract

Abstract Analyses of the Free Trade Agreement (FTA), the Six-Party Talks, presumptions on North Korea and the example of Russia point to several fundamental elements. Firstly, North Korea is and will remain an independent state. Therefore, any approaches to reform North Korea's political and economic systems must acknowledge the concept of “independence,” instead of believing the unrealistic hope of immediate “unification” or “reunification.” Next, the theorem of “go slow” and the example of Russia indicates that the “gradualism” of North Korea is probably the best choice today. This approach may reduce the probabilities of any extreme or negative outcomes that could result from rapid changes in economic and political systems of North Korea. Finally, ignoring the Kaesong Industrial Complex (KIC) development issue by both the United States and the Republic of Korea (ROK) through their FTA is “a clear case of bounded awareness.” Furthermore, resolving the KIC issue at the moment will provide strategic and c...

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