The Business of Korean Reconciliation

The Kaesong Industrial Complex, a joint venture established by North and South Korea, is a tribute to the theory of diplomatic reconciliation through commerce. But, as a group of visitors recently saw firsthand, political tensions and paranoia remain prevalent, undermining the initiative's ability to realize its potential.

SEOUL – Can trade and commerce foster peace and mutual understanding between hostile governments? When it comes to the Koreas, this question may seem to be beside the point, given the ruthless purge now underway in the North. But it remains an essential consideration for the longer-term future of North Korea and other outcast regimes.