The North Korean Economy

Between Crisis and Catastrophe

Business & Finance, Economics
Cover of the book The North Korean Economy by Catherine Cavanaugh, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Catherine Cavanaugh ISBN: 9781351478267
Publisher: Taylor and Francis Publication: September 4, 2017
Imprint: Routledge Language: English
Author: Catherine Cavanaugh
ISBN: 9781351478267
Publisher: Taylor and Francis
Publication: September 4, 2017
Imprint: Routledge
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Taylor and Francis

Cover of the book Culinary Creation by Catherine Cavanaugh
Cover of the book Managing Professional Development in Schools by Catherine Cavanaugh
Cover of the book The Publishing Industry in China by Catherine Cavanaugh
Cover of the book Multilingualism Online by Catherine Cavanaugh
Cover of the book Memoirs of the Late Captain Hugh Crow of Liverpool by Catherine Cavanaugh
Cover of the book Critical Events in Teaching & Learning by Catherine Cavanaugh
Cover of the book The Meanings of Europe by Catherine Cavanaugh
Cover of the book Adult Education by Catherine Cavanaugh
Cover of the book Methods of Exploring Emotions by Catherine Cavanaugh
Cover of the book Citizenship and Identity by Catherine Cavanaugh
Cover of the book Streaming Music by Catherine Cavanaugh
Cover of the book Corruption, Economic Growth and Globalization by Catherine Cavanaugh
Cover of the book Switzerland and the European Union by Catherine Cavanaugh
Cover of the book Custom, Courts, and Counsel by Catherine Cavanaugh
Cover of the book East European Diasporas, Migration and Cosmopolitanism by Catherine Cavanaugh
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy