Edited by Harry W. Richardson, Peter Gordon and James E. Moore II
Chapter 11: A Global Business Strategy for North Korea
11. A global business strategy for North Korea Harry W. Richardson and Chang-Hee Christine Bae INTRODUCTION The United States government has consistently followed a somewhat narrow path in the war against terror: protect the United States at home (hence the huge role for the Department of Homeland Security), while abroad the approach has been military action and cooperation with foreign governments in seeking out international terrorists. However, there are other options. The possibility explored here is whether global business, backed up by the support of interested national governments and IFIs (international financial institutions), might be able to deter terrorism via a program of foreign investment from countries directly, indirectly or potentially involved in pro-terrorist activities. For example, could a more even-handed allocation of US resources, both public and private, between Israel and Palestine in recent decades have avoided or at least mitigated terrorist threats from the Middle East? This is a complex question that is difficult to answer and, from a political perspective, probably much too late to explore. This chapter takes a future view of a simpler case, that of North Korea (we will use the acronym DPRK, that is, the Democratic People’s Republic of Korea, and we will refer to South Korea as ROK, that is, the Republic of Korea). Although the DPRK has been involved in terrorist activity in the past, we do not consider that it is currently a terrorist state in the strict sense. Apart from occasional military skirmishes with the ROK (usually at sea)...
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