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Can North Korea ’Reform and Open Up’?
- T.W. Kang (Managing Director, Global Synergy Associates)
The situation the international community is facing regarding North Korea increasingly looks like an overly constrained set of equations perhaps without solution. But even Kim Jong Un appears to think that a sustainable North Korea can be realized only through transition from a “military first” structure to emphasis on economic health. This transition involves denuclearization on one hand, and development of a competitive market economy on the other.
Returning from a three week visit to South Korea, T.W. Kang aims to provide the perspective from the Korean peninsula, together with insights on the prospects of North Korea’s transition to a market economy from his past visits to numerous former socialist countries that have made that transition.
Managing Director, Global Synergy Associates
T.W. Kang is Managing Director of Global Synergy Associates. In addition to his experience on the boards on U.S., Japanese and Chinese firms and as an adviser to Fortune 500 firms on international strategies, T.W. Kang is also the author of numerous books, including “Is Korea The Next Japan?”, which was translated into six different languages. He has been involved with many public sector projects, such as visiting Russia and Central Asia on Japanese government missions to aid their transition to free market economies, and serving on Japan-Korea joint project committees at JETRO and the Japan Institute of Labor. He is one of the few South Koreans to have visited North Korea. He earned degrees from MIT and the Harvard Business School and is fluent in English, Japanese and Korean.