South Korea is now a rule-abiding participant in the global economy. If North Korea traded its nuclear weapons program for a peace treaty, security guarantees, and economic development assistance, it might be able to accomplish the same trick. (Photo: yeowatzup / Flickr)
Small underdeveloped countries, unless they suddenly discover oil or gold, are at a distinct disadvantage in the global arena. If they play by the rules, they will remain underdeveloped. Over the last half-century, very few countries have managed to jump from the Third World to the club of richest nations.