The Prospect of AIIB's Potential Investment in North Korea and Its Implications

Abstract

With the successful holding of the inter-Korean summit and North Korea–US summit in the first half of 2018, discussions on the complete denuclearization of North Korea and subsequent economic compensation to North Korea are actively underway. Considering the enormous cost of developing North Korea and the various risk factors associated with financing this development, it is now necessary to seek various ways to finance this development more effectively. In this context, interest is growing on how the Asian Infrastructure Investment Bank (AIIB), led by China to solve the relative shortage in supply against demand in the Asian infrastructure sector, will be able to participate in North Korea's development following its denuclearization