Unveiling the North Korean Economy: Collapse and Transition

North Korea is one of the most closed and secretive societies in the world. Despite a high level of interest from the outside world, we have very little detailed information about how the country functions economically. In this valuable book for both the academic and policy-making circles, Byung-Yeon Kim offers the most comprehensive and systematic analysis of the present day North Korean economy in the context of economic systems and transition economics. It addresses what is really happening in the North Korean economy, why it has previously failed, and how the country can make the transition to a market economy. It takes advantage not only of carefully reconstructed macro data but also rich, new data at the micro level, such as quantitative surveys of North Korean refugees settled in South Korea, and the surveys of Chinese companies that interact heavily with North Korea.

Author: Byung-Yeon Kim
Publisher: Cambridge University Press
Published: 06/08/2017
Pages: 340
Binding Type: Hardcover
Weight: 1.47lbs
Size: 9.40h x 6.54w x 0.78d
ISBN: 9781107183797

About the Author
Kim, Byung-Yeon: - Byong-Yeon Kim is a Professor in the Department of Economics, Seoul National University. He was the recipient of the T. S. Ashton Prize from the Economic History Society of the UK, the Chungram Award from the Korean Economic Association, and Distinguished Researcher in Humanities and Social Sciences at the National Research Foundation of Korea. He is a member of the executive committee of the Association for Comparative Economic Studies, and a regular columnist on North Korean issues in the Korea Joongang Daily newspaper.