ABSTRACT
Chapter 8 concludes the book with a brief summary of its main arguments. The chapter also emphasizes a few strategies that South Korea and other neighboring countries should take to enhance the possibility of North Korea’s participation in regional economic integration when the ideas suggested in the book are carried forward. It also emphasizes that discussions on concrete proposals (such as those advanced in the book) need to include not only the opening policy but also other policies for the economic success of North Korea, including exchange rate policy, macroeconomic policies, labor market policies, structural policies, and social policies. They are all needed to promote economic reforms of North Korea and to sustain its economic development.
