Economic Conditions in North Korea and Prospects for Reform

Economic Conditions in North Korea and Prospects for Reform PDF Author: Hong-tʻaek Chŏn
Publisher:
ISBN:
Category : Korea (North)
Languages : en
Pages : 30

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Economic Conditions in North Korea and Prospects for Reform

Economic Conditions in North Korea and Prospects for Reform PDF Author: Hong-tʻaek Chŏn
Publisher:
ISBN:
Category : Korea (North)
Languages : en
Pages : 30

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North Korea in Transition

North Korea in Transition PDF Author: Chang-Ho Yoon
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 370

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Book Description
This volume is based on papers from the conference, "Developing social infrastructure in North Korea for economic cooperation between the South and the North," held at Korea University, Seoul, November 1998. Yoon (economics, Korea U.), Lau (economic development, Stanford U.), and other scholars discuss the development potential of the North Korean economy and the compatibility of economic reform with the maintenance of internal political stability. Twelve contributions are organized into sections on the political economy of North Korea, development potential under reform, the experience of other transition economies, the availability of social infrastructure, and the importance of industrial location. c. Book News Inc.

Initial Conditions, Economic Performance, and Reform Prospects in North Korea

Initial Conditions, Economic Performance, and Reform Prospects in North Korea PDF Author: Hyung-Gon Jeong
Publisher:
ISBN:
Category :
Languages : en
Pages : 20

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This study aims to predict the possible changes in the North Korean economic system by examining 27 countries that have experienced economic transition since 1990. This study divides the 27 transition countries into three groups (i.e., outstanding, fine, and poor transition) through discriminant analysis based on the outcomes of economic reforms over the past two decades. The discriminant analysis reveals that North Korea can be classified into the poor transition group and is likely to follow the pattern of the Commonwealth of Independent States. Pyongyang must realize that transition from its rigid socialist economy to a market economy is the only way to escape from poverty.

North Korean Economic Reform and Political Stability

North Korean Economic Reform and Political Stability PDF Author: Bruce Bueno de Mesquita
Publisher: Hoover Press
ISBN: 9780817957537
Category : Korea (North)
Languages : en
Pages : 32

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The North Korean Economy

The North Korean Economy PDF Author: Nicholas Eberstadt
Publisher: Routledge
ISBN: 1351478265
Category : Business & Economics
Languages : en
Pages : 466

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Book Description
Viewed from afar, North Korea may appear bizarre, or positively irrational. But as Nicholas Eberstadt demonstrates in this meticulously researched volume, there is a grim coherence to North Korea's political economy, and a ruthless logic undergirding it--one that unreservedly subordinates economic welfare to augmentation of political power. Thus, paradoxically, even as official policies and practices consign the DPRK economy to a perilous realm between crisis and catastrophe, the country's leadership maintains unchallenged domestic control and has actually managed to increase its international influence.Through painstaking collection of hard-to-uncover data and careful analysis, Eberstadt provides a quantitative tableau of North Korea's terrible failure in its economic race against South Korea; its stubborn adherence to policies all but guaranteed to stifle growth and undermine economic performance; and the longstanding official effort to ignore, or mitigate, pressures for economic reform.Eberstadt is skeptical of optimistic accounts from South Korea and elsewhere suggesting that the North Korean leadership is interested in resolving the current nuclear impasse, and getting on with the business of reform and development. So long as Pyongyang's rulers entertain the ambition of reunifying the Korean peninsula on its own terms, Eberstadt argues, economic reforms worthy of the name will be subversive of state authority--and vigilantly resisted by Pyongyang's rulers. This authoritative volume has received widespread attention from Asian specialists, well as those concerned with nuclear proliferation and world peace, and international relations professionals in general.

The Current Situation of Marketization in North Korea and Prospects for Change of Its Economic System

The Current Situation of Marketization in North Korea and Prospects for Change of Its Economic System PDF Author: Hyung-Gon Jeong
Publisher:
ISBN:
Category :
Languages : en
Pages : 5

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The changes taking place in North Korea's political, military, and economic aspects since Kim Jong-un inherited power, are drawing the world's attention. In particular, as the Kim Jong-un regime places greater importance on the economy, there is a growing international interest as to whether the new economic measures will bring about positive changes in North Korea. Current policies of the North bear many startling resemblances to the reform policies of former socialist countries. At present, the time might not yet be ripe for predicting North Korea's full transition to a market economy. However, the Stalinist state has been placed in an abnormal situation where a planned economy and markets coexist in the country. As it is not likely that the socialist-planned economy would prosper in such a situation, for North Korea, the transition to a market economy is almost inevitable.This report studies the marketization of North Korea and seeks to forecast the possibility of change in its economic system in commemoration of the advent of the new Kim Jong-un regime as well as the tenth anniversary of the “July 1st Economic Reform Measures” in 2012. The advances in marketization are likely to result in the weakening of the state control of North Korean authorities. In addition, the spread of markets suggests the high possibility of transition to a market economy, which occurred previously in socialist states in Eastern Europe and China.

A Study on the Reality and Prospect of Economic Reform in North Korea

A Study on the Reality and Prospect of Economic Reform in North Korea PDF Author: Yŏng-yun Kim
Publisher:
ISBN:
Category : Korea (North)
Languages : en
Pages : 80

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Famine in North Korea

Famine in North Korea PDF Author: Stephan Haggard
Publisher: Columbia University Press
ISBN: 0231140010
Category : History
Languages : en
Pages : 337

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Book Description
In the mid-1990s, as many as one million North Koreans died in one of the worst famines of the twentieth century. Stephan Haggard and Marcus Noland present the most comprehensive and penetrating account of the famine to date, examining not only the origins and aftermath of the crisis but also the regime's response to outside aid and the effect of its current policies on the country's economic future. North Korea's famine exemplified the depredations that can arise from tyrannical rule and the dilemmas such regimes pose for the humanitarian community. To reveal the state's culpability is a vital project of historical recovery, especially in light of our current engagement with the "North Korean question."

The Road to the Market in North Korea

The Road to the Market in North Korea PDF Author: Keun Lee
Publisher:
ISBN:
Category : Central planning
Languages : en
Pages : 60

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North Korean Reform

North Korean Reform PDF Author: Robert L. Carlin
Publisher: Routledge
ISBN: 1134973284
Category : History
Languages : en
Pages : 74

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Book Description
In the past, foreign policy and security concerns have trumped any efforts to reform the North Korean economy. Today, the linkage between security and economic policies is being reconsidered as part of a larger debate in the North Korean leadership that has already transformed the country in fundamental ways. Despite renewed tensions with the United States, North Korea has begun to implement important economic reforms. Moreover, underneath the cover of the ever-present ‘military-first’ slogan in the controlled media, a debate is taking place between ‘reformers’ and ‘conservatives’ over whether Pyongyang’s bloated military industrial complex should be scaled back to help ensure the success of economic reform. Not only do these developments reflect strong political forces in the North Korean leadership that support reform, but they could also have profound implications for the future of Pyongyang’s national security policy. North Korea may decide that it will need a more favourable external security environment in order to secure greater access to international economic and financial assistance for its reform measures and, ultimately, downsizing its military. Pyongyang could launch a new policy of engagement that would include greater flexibility in the Beijing Six Party Talks. A second scenario is continued internal struggle over reform that could lead to an inability to act decisively on key security and foreign policy issues, including at the nuclear talks. Finally, progress in reform may, paradoxically, strengthen conservatives, leading to hopes in Pyongyang that it can improve the economy, while simultaneously maintaining a large powerful military. Whether Washington can do anything at this point to influence directly the emerging debate in Pyongyang is unclear, but a renewed policy of engagement on its part could enhance the chances of success for North Korean advocates of reform.