Chan Young Bang

Chan Young Bang

Dr Chan Young Bang is president of KIMEP University, principal investigator at the DPRK Strategic Research Centre, and a former economic adviser to the former president of Kazakhstan Nursultan Nazarbayev.

Latest from Chan Young Bang

Opinion | With North Korea on the edge, Kim Jong-un has three options – but only one will ensure regime survival

Kim could maintain the status quo, or trade nuclear arms for the lifting of sanctions and security guarantees while maintaining totalitarian rule. His only realistic choice is to deliver a bright future by agreeing to open up the economy.

Kim could maintain the status quo, or trade nuclear arms for the lifting of sanctions and security guarantees while maintaining totalitarian rule. His only realistic choice is to deliver a bright future by agreeing to open up the economy.

4 Oct 2021 - 8:45AM
Opinion | How Biden can offer Kim Jong-un a package for North Korean denuclearisation he can’t refuse

Biden must cooperate with other six-party talk members to craft a deal that speaks to the cost-benefit calculation of economic development in exchange for denuclearisation.

Biden must cooperate with other six-party talk members to craft a deal that speaks to the cost-benefit calculation of economic development in exchange for denuclearisation.

1 Feb 2021 - 1:19AM
Opinion | Time for Kim Jong-un to embrace denuclearisation and open up North Korea economically

While Kim has a vision for his country’s future, the lack of an exit strategy from his nuclear programme has thwarted peace talks. Embracing denuclearisation in exchange for security guarantees and development aid will help the economy soar.

While Kim has a vision for his country’s future, the lack of an exit strategy from his nuclear programme has thwarted peace talks. Embracing denuclearisation in exchange for security guarantees and development aid will help the economy soar.

3 Dec 2020 - 3:45AM
Opinion | Only Xi Jinping can help Kim Jong-un unlock a bright economic future for a denuclearised North Korea

Given Chinese president’s personal history combined with China’s pivotal role in North Korea’s economy, Xi is well placed to convince Kim that economic reform is his best option. A US$300 billion fund, mostly financed by China, could get the ball rolling.

Given Chinese president’s personal history combined with China’s pivotal role in North Korea’s economy, Xi is well placed to convince Kim that economic reform is his best option. A US$300 billion fund, mostly financed by China, could get the ball rolling.

10 May 2019 - 3:49AM
Opinion | Vladimir Putin should make the most of his summit with Kim Jong-un, and propose a modernisation-for-peace deal

The US has failed to sell a denuclearisation deal to North Korea, so Russia’s president should take up the challenge, starting with setting the conditions for a modernisation fund.

The US has failed to sell a denuclearisation deal to North Korea, so Russia’s president should take up the challenge, starting with setting the conditions for a modernisation fund.

24 Apr 2019 - 1:45PM
Opinion | Donald Trump can make the deal of the century with Kim Jong-un – if he offers North Korea a blueprint to a ‘brighter future’

The US lacks a strategy that pleases all stakeholders on the Korean peninsula, including Kim Jong-un. Sanctions and diplomatic pressure should be supplemented by the promise of an economic development fund, infrastructural support and security guarantees.

The US lacks a strategy that pleases all stakeholders on the Korean peninsula, including Kim Jong-un. Sanctions and diplomatic pressure should be supplemented by the promise of an economic development fund, infrastructural support and security guarantees.

8 Nov 2018 - 2:14AM