North Korea’s Choice
North Korea recently demanded that the International Atomic Energy Agency remove its seals from the North’s nuclear facilities, which it seems poised to re-start. But South Korea is holding out an alternative to the North, one that promises a joint economic community in exchange for de-nuclearization.
https://prosyn.org/kyz0B20
NEW YORK – When the Republic of Korea was established in 1948, Korea was one of the poorest countries in the world. GDP per capita was US$67 in 1953, immediately following the Korean War, and rose to only US$79 in 1960. At that time, North Korea’s economy was much stronger than that of the South. Natural resources were abundant in the North, and even electricity was supplied from North to South. Most industry was located in the North, whereas the South was mainly agricultural.