The Rajin-Sonbong free trade zone experiment: North Korea in pursuit of new international linkages

dc.contributor.authorCotton, Jamesen_US
dc.date.accessioned2003-09-18en_US
dc.date.accessioned2004-05-19T08:12:41Zen_US
dc.date.accessioned2011-01-05T08:34:38Z
dc.date.available2004-05-19T08:12:41Zen_US
dc.date.available2011-01-05T08:34:38Z
dc.date.created1996en_US
dc.date.issued1996en_US
dc.description.abstractIn 1991 North Korea declared Rajin City and Sonbong County a Free Economic and Trade Zone (FETZ), in which foreign owned enterprises would be permitted to operate. So far, Pyongyang has invested 150 million won in upgrading facilities, and has introduced a comprehensive regime of laws and regulations. Other investments are now also in evidence, notably modernised telecommunications, foreign banking, and containerised cargo facilities. Promised foreign investment in the FETZ now totals over US$1 billion, with $43 million committed to date. North Korean plans envisage three different types of development. First, Rajin is to become a major container port for the Northeast Asian region; second, the zone is to become a tourist destination; third, the zone is to host export oriented industry. Pending improved inter-Korean relations tourism may be the most prominent development. This will undoubtedly entail social and perhaps political costs. Meanwhile (with United Nations assistance) a new Tumen regional agenda has emerged which would tax the commitment of most countries to regional cooperation, but will pose particular difficulties for Pyongyang. Given the economic difficulties North Korea now faces, the success of this experiment (together with the outcome of the 1994 nuclear deal with the United States) will determine whether the government in Pyongyang will avoid collapse.en_US
dc.format.extent95958 bytesen_US
dc.format.extent349 bytesen_US
dc.format.mimetypeapplication/pdfen_US
dc.format.mimetypeapplication/octet-streamen_US
dc.identifier.urihttp://hdl.handle.net/1885/40379en_US
dc.identifier.urihttp://digitalcollections.anu.edu.au/handle/1885/40379
dc.language.isoen_AUen_US
dc.subjectfree tradeen_US
dc.subjectNorth Koreaen_US
dc.subjecteconomic policyen_US
dc.subjectporten_US
dc.subjectexporten_US
dc.subjecttourist destinationen_US
dc.subjectFETZen_US
dc.subjectFree Economic and Trade Zoneen_US
dc.subjectRajin-Sonbongen_US
dc.titleThe Rajin-Sonbong free trade zone experiment: North Korea in pursuit of new international linkagesen_US
dc.typeWorking/Technical Paperen_US
local.citationWorking paper no.1996/9en_US
local.contributor.affiliationANUen_US
local.contributor.affiliationDepartment of International Relations, RSPASen_US
local.description.refereednoen_US
local.identifier.citationmonthdecen_US
local.identifier.citationyear1996en_US
local.identifier.eprintid1977en_US
local.rights.ispublishedyesen_US

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