{"title":"The potential of Russia–DPRK cooperation: economic advantages and political disadvantages","authors":"G. B. Bulychev, A. Yakovlev","doi":"10.31737/22212264_2023_1_172","DOIUrl":null,"url":null,"abstract":"The article discusses the possible prospects for re-establishing economic and political cooperation between Russia and Democratic People’s Republic of Korea (DPRK) in the current geopolitical situation. Despite the development of advanced cooperation between the USSR and the DPRK in historical retrospect, the change of the political regime in Russia led to a complete rupture of economic ties. In the new geopolitical reality and the challenge of Russia’s policy of \"turning to the East\", it is noteworthy that DPRK takes a radical pro-Russian position on the conflict in Ukraine, which can serve a basis for re-establishing political and economic relations between two countries. However, the prospects for the development of large- scale cooperation between the Russian Federation and the DPRK at the moment seem rather vague, since the North Korean economy remains isolated, the country’s borders are still closed and the country is under UN sanctions pressure and a wide range of bilateral restrictive measures from Western countries for a long time, which blocks almost all forms of economic cooperation. The DPRK’s adaptation to restrictions and the development of mechanisms to circumvent sanctions by creating the necessary financial and logistics infrastructure allow the country to generate income and purchase the necessary goods and resources. It is concluded that with the final loss of Western markets, the importance of DPRK as a trading partner for Russia may increase.","PeriodicalId":43676,"journal":{"name":"Zhurnal Novaya Ekonomicheskaya Assotsiatsiya-Journal of the New Economic Association","volume":null,"pages":null},"PeriodicalIF":0.3000,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Zhurnal Novaya Ekonomicheskaya Assotsiatsiya-Journal of the New Economic Association","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.31737/22212264_2023_1_172","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 1
Abstract
The article discusses the possible prospects for re-establishing economic and political cooperation between Russia and Democratic People’s Republic of Korea (DPRK) in the current geopolitical situation. Despite the development of advanced cooperation between the USSR and the DPRK in historical retrospect, the change of the political regime in Russia led to a complete rupture of economic ties. In the new geopolitical reality and the challenge of Russia’s policy of "turning to the East", it is noteworthy that DPRK takes a radical pro-Russian position on the conflict in Ukraine, which can serve a basis for re-establishing political and economic relations between two countries. However, the prospects for the development of large- scale cooperation between the Russian Federation and the DPRK at the moment seem rather vague, since the North Korean economy remains isolated, the country’s borders are still closed and the country is under UN sanctions pressure and a wide range of bilateral restrictive measures from Western countries for a long time, which blocks almost all forms of economic cooperation. The DPRK’s adaptation to restrictions and the development of mechanisms to circumvent sanctions by creating the necessary financial and logistics infrastructure allow the country to generate income and purchase the necessary goods and resources. It is concluded that with the final loss of Western markets, the importance of DPRK as a trading partner for Russia may increase.
期刊介绍:
Key Journal''s objectives: bring together economists of different schools of thought across the Russian Federation; strengthen ties between Academy institutes, educational establishments and economic research centers; improve the quality of Russian economic research and education; integrate economic science and education; speed up the integration of Russian economic science in the global mainstream of economic research. The Journal publishes both theoretical and empirical articles, devoted to all aspects of economic science, which are of interest for wide range of specialists. It welcomes high-quality interdisciplinary projects and economic studies employing methodologies from other sciences such as physics, psychology, political science, etc. Special attention is paid to analyses of processes occurring in the Russian economy. Decisions about publishing of articles are based on a double-blind review process. Exceptions are short notes in the section "Hot Topic", which is usually formed by special invitations and after considerations of the Editorial Board. The only criterion to publish is the quality of the work (original approach, significance and substance of findings, clear presentation style). No decision to publish or reject an article will be influenced by the author belonging to whatever public movement or putting forward ideas advocated by whatever political movement. The Journal comes out four times a year, each issue consisting of 12 to 15 press sheets. Now it is published only in Russian. The English translations of the Journal issues are posted on the Journal website as open access resources.