Seminar: Can Foreign Direct Investment (FDI) Alleviate North Korea’s Terrist Threats?


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Politics, Governance, and Security Seminar by Harry W. Richardson, Holder of James Irvine Chair of Urban and Reginal Planning, Professor of Planning and Economics, USC; Visiting Scholar, EWC

When: Jul 23 2007 (All day)
Where: John A. Burns Hall, 3012 (Third Floor)

North Korea has a terrorist past, primarily against South Korea. Today, the threat is more indirect, supplying weapons (possibly even weapons of mass destruction) to terrorists around the world and/or rogue nations. The reunification of the Korean peninsula and/or full denuclearization might resolve these concerns. Would an improvement in the North Korean economy assist in this goal, and can, and should, the rest of the world contribute? Currently, only South Korea and China are investing in the North. If the strategy is justifiable, it would probably require a combination of public investment by governments (primarily in infrastructure projects that have a problematic payback) and private investment by transnational corporations (focusing on job creation in export activities). However, the risks to foreign direct investment prior to reunification are huge, pending resolution of the political instability problem. The talk will also refer to the Kaesong Industrial Complex and the Tumen River Delta Program.

Currently an East-West Center Visiting Scholar, Harry W. Richardson was educated at Manchester University, England, and has taught at USC for 32 years. His research interests are the economic impacts of terrorist attacks, urban and regional economics, and international planning and development. He has consulted for a wide variety of international, national, and local agencies. He was an Overseas Visiting Fellow at Churchill College, Cambridge University, in 2004 and 2006. He also received the Walter Isard Award for Scholarly Achievement in Regional Science in 2004.

Professor Richardson has published 29 books and about 200 research papers. His publications include: Urban and Regional Policies in Korea and International Experiences (Kun Kug University Press, 1987); Analytical Urban Economics (Edward Elgar, 1996); with C.-H. C. Bae (eds.), Globalization and Urban Development. Heidelberg: Springer-Verlag (2004); with C.-H. C. Bae (eds.), Urban Sprawl in Western Europe and the United States (Ashgate, 2004); with C.H.-C. Bae (eds.), Road Congestion Pricing in Europe: Implications for the United States (Edward Elgar, in press); with P. Gordon and J.E. Moore II (eds.), Post-Katrina: Economic Assessment, Risk Analysis and Social Implications (Edward Elgar, in press); with P. Gordon and J.E. Moore II (eds.), The Economic Impacts of Terrorist Attacks (Edward Elgar, 2006); and with P. Gordon and J.E. Moore II (eds.), The Economic Costs and Consequences of Terrorist Attacks (Edward Elgar, 2007).

Primary Contact Info:
Name: Anna Tanaka
Phone: 808 944-7607