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.

Understanding North Korea through its propaganda What do the North Koreans really believe? How do they see themselves and the world around them? Here B.R. Myers, a North Korea analyst and a contributing editor of The Atlantic, presents the first full-length study of the North Korean worldview. Drawing on extensive research into the regime’s domestic propaganda, including films, romance novels and other artifacts of the personality cult, Myers analyzes each of the country’s official myths in turn—from the notion of Koreans’ unique moral purity, to the myth of an America quaking in terror of “the Iron General.” In a concise but groundbreaking historical section, Myers also traces the origins of this official culture back to the Japanese fascist thought in which North Korea’s first ideologues were schooled. What emerges is a regime completely unlike the West’s perception of it. This is neither a bastion of Stalinism nor a Confucian patriarchy, but a paranoid nationalist, “military-first” state on the far right of the ideological spectrum. Since popular support for the North Korean regime now derives almost exclusively from pride in North Korean military might, Pyongyang can neither be cajoled nor bullied into giving up its nuclear program. The implications for US foreign policy—which has hitherto treated North Korea as the last outpost of the Cold War—are as obvious as they are troubling. With North Korea now calling for a “blood reckoning” with the “Yankee jackals,” Myers’s unprecedented analysis could not be more timely.

In Policy and Economic Performance in Divided Korea during the Cold War Era: 1945–91, Eberstadt presents an impressive compilation of hard-to-find comparative data on economic performance for the Democratic People's Republic of Korea (DPRK, or North Korea) and the Republic of Korea (ROK, or South Korea) over two critical generations. By a number of indicators, Eberstadt argues, Kim Il Sung's North Korea actually outperformed South Korea for much of this period—not only in the years immediately following partition, but perhaps also into the 1970s.

Presenting a succinct, historically informed introduction to North and South Korea, the second edition of The Koreas considers the radically different ways these countries have dealt with the growing challenges of globalization. Since the first edition’s publication, the economic, political, and social differences have only intensified, making evident the relevancy and importance of Armstrong’s work, in understanding the Koreas now and in the future. Ultimately, The Koreas is a crisp, engaging primer of Korea and the Korean people in the contemporary world. This book is ideal for many courses in a variety of disciplines, including politics, history, international business, and Asian studies.

Nicholas Eberstadt presents an impressive compilation of hard-to-find comparative data on economic performance for North Korea and South Korea over two critical generations.

This work presents a detailed picture of the divergent socio-economic trends in divided Korea since its 1945 partition. It also covers the social and political situation in the North and South today, and the domestic and international challenges to a successful Korean reunification.

Cover -- Half Title -- Title Page -- Copyright Page -- Dedication -- Table of Contents -- List of Tables, Figures, and Maps -- Foreword -- Acknowledgments -- Introduction -- 1. Economic Development and Government Policy in Divided Korea: 1945-1990 -- 2. Military Buildup in the DPRK: Some Indications from North Korean Data -- 3. North Korean Society Today: A Statistical Glimpse -- 4. Policy Issues in a Peaceful Korean Reunification -- 5. U.S. Policy Toward Korea: The Impending Challenges -- Index

This volume brings together work by international scholars to provide a unique analysis of the past, present and possible future trajectory of Korea's political economy from a distinctly Marxist perspective. The volume differentiates the Marxian approach to the political economy of Korean development from the Keynesian, social democratic approach that currently dominates the critical literature. In doing so the volume provides a unique view of the development of the South Korean Economy.