A comprehensive, systematic analysis of the North Korean economy, exposing its hidden workings through quantitative data analysis and surveys.

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.

Following the death of Kim Jong Il, North Korea has entered a period of profound transformation laden with uncertainty. This authoritative book brings together the world's leading North Korea experts to analyze both the challenges and prospects the country is facing. Drawing on the contributors' expertise across a range of disciplines, the book examines North Korea's political, economic, social, and foreign policy concerns. Considering the implications for Pyongyang's transition, it focuses especially on the transformation of ideology, the Worker's Party of Korea, the military, effects of the Arab Spring, the emerging merchant class, cultural infiltration from the South, Western aid, and global economic integration. The contributors also assess the impact of North Korea's new policies on China, South Korea, the United States, and the rest of the world. Comprehensive and deeply knowledgeable, their analysis is especially crucial given the power consolidation efforts of the new leadership underway in Pyongyang and the implications for both domestic and international politics. Contributions by: Nicholas Anderson, Charles Armstrong, Bradley Babson, Victor Cha, Bruce Cumings, Nicholas Eberstadt, Ken Gause, David Kang, Andrei Lankov, Woo Young Lee, Liu Ming, Haksoon Paik, Kyung-Ae Park, Terence Roehrig, Jungmin Seo, and Scott Snyder.

Under Kim Jong-un, North Korea has experienced growing economic markets, an emerging 'nouveau riche,' and modest levels of urban development. To what extent is North Korean politics and society changing? How has the growth of markets transformed state-society relations? This Element evaluates the shifting relationship between state, society, and markets in a deeply authoritarian context. If the regime implements controlled economic measures, extracts rent, and subsumes the market economy into its ideology, the state will likely retain strong authoritarian control. Conversely, if it fails to incorporate markets into its legitimating message, as private actors build informal trust networks, share information, and collude with state bureaucrats, more fundamental changes in state-society relations are in order. By opening the 'black box' of North Korea, this Element reveals how the country manages to teeter forward, and where its domestic future may lie.

North Korea has survived the end of the Cold War, massive famine, numerous regional crises, punishing sanctions, and international stigma. In A Most Enterprising Country, Justin V. Hastings explores the puzzle of how the most politically isolated state in the world nonetheless sustains itself in large part by international trade and integration into the global economy. The world's last Stalinist state is also one of the most enterprising, as Hastings shows through in-depth examinations of North Korea’s import and export efforts, with a particular focus on restaurants, the weapons trade, and drug trafficking. Tracing the development of trade networks inside and outside North Korea through the famine of the 1990s and the onset of sanctions in the mid-2000s, Hastings argues that the North Korean state and North Korean citizens have proved pragmatic and adaptable, exploiting market niches and making creative use of brokers and commercial methods to access the global economy.North Korean trade networks—which include private citizens as well as the Kim family and high-ranking elites—accept high levels of risk and have become experts at operating in the blurred zones between licit and illicit, state and nonstate, and formal and informal trade. This entrepreneurialism has allowed North Korea to survive; but it has also caused problems for foreign firms investing in the country, emboldens the North Korean state in its pursuit of nuclear weapons, and may continue to shape the economy in the future.

"In their carefully researched book, Stephan Haggard and Marcus Noland present the most comprehensive 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. Their study begins by considering the root causes of the famine, weighing the effects of the decline in the availability of food against its poor distribution. Then it takes a close look at the aid effort, addressing the difficulty of monitoring assistance within the country, and concludes with an analysis of current economic reforms and strategies of engagement."--BOOK JACKET.

This book addresses growing tensions in Northeast Asia, notably between North Korea and China. Focusing on China’s economic participation in North Korea’s minerals and fishery industries, the author explores the role of China’s sub-state and non-state actors in implementing China’s foreign economic policy towards North Korea. The book discusses these actors’ impact on the regional order in Northeast Asia, particularly in the Korean Peninsula. The project also provides a comprehensive and up-to-date account of China’s cultural and economic activities in North Korea as implemented by both the historically traditional actors in Jilin and Liaoning provinces in Northeast China, and new actors from coastal areas (Shandong and Zhejiang provinces) and inland provinces (Chongqing and Henan) to Zhejiang province. It argues that in the era of economic decentralisation, Chinese sub-state and non-state actors can independently deal with most of their economic affairs without the need for permission from the central government in Beijing. A key read for scholars and students interested in Asian history, politics and economics, and specifically the East Asian situation, this text offers an in-depth analysis of recent activity concerning the Sino-DPRK economic relationship.

North Korea has presented one of the most vexing and persistent problems in U.S. foreign policy in the post-Cold War period. The United States has never had formal diplomatic relations with the Democratic People's Republic of Korea (the official name for North Korea), although contact at a lower level has ebbed and flowed over the years. Negotiations over North Korea's nuclear weapons program have occupied the past three U.S. administrations, even as some analysts anticipated a collapse of the isolated authoritarian regime. North Korea has been the recipient of over $1 billion in U.S. aid (though none since 2009) and the target of dozens of U.S. sanctions.

This is a historically founded, empirical study of social and economic transformation wrought by 'marketisation from below' in North Korea.

North Korea, despite a shattered economy and a populace suffering from widespread hunger, has outlived repeated forecasts of its imminent demise. Charles K. Armstrong contends that a major source of North Korea's strength and resiliency, as well as of its flaws and shortcomings, lies in the poorly understood origins of its system of government. He examines the genesis of the Democratic People's Republic of Korea (DPRK) both as an important yet rarely studied example of a communist state and as part of modern Korean history.North Korea is one of the last redoubts of "unreformed" Marxism-Leninism in the world. Yet it is not a Soviet satellite in the East European manner, nor is its government the result of a local revolution, as in Cuba and Vietnam. Instead, the DPRK represents a unique "indigenization" of Soviet Stalinism, Armstrong finds. The system that formed under the umbrella of the Soviet occupation quickly developed into a nationalist regime as programs initiated from above merged with distinctive local conditions. Armstrong's account is based on long-classified documents captured by U.S. forces during the Korean War. This enormous archive of over 1.6 million pages provides unprecedented insight into the making of the Pyongyang regime and fuels the author's argument that the North Korean state is likely to remain viable for some years to come.