marketization

A hard-line strategy is not likely to persuade the DPRK regime to give up its missiles and nuclear weapons. Nor will it garner the support of the South Korean public, which is poised to elect a centrist or center-left president in the May 9 election. Most importantly, preemptive strikes or enhanced sanctions will delay ongoing economic reforms in North Korea and set back its integration into the global economy. Internal economic and social change is ultimately the only path to moderate the DPRK regime and its policies.