North Korea in Transition

Prospects for Economic and Social Reform

编辑Chang-Ho Yoon Professor of Economics, Korea University, South Korea and Lawrence J. Lau, Professor Emeritus, CIC International (Hong Kong) Co., Limited

Recent political developments on the Korean peninsula suggest both the possibility and desirability for the neighboring powers to establish a new framework for regional peace. The US and North Korea have managed to reach an agreement to reduce mutually hostile threats on a reciprocal basis, and to normalize diplomatic relations by removing economic sanctions. They have thus created conditions potentially favorable for the expansion of trade and the inflow of economic assistance and foreign direct investment to North Korea

‘The chapters in the volume are empirically rich and informative and generate very useful policy implications. Its editors should be commended for successfully undertaking the difficult task of weaving diverse subjects into an analytically coherent whole . . . this book makes a very useful and timely contribution to our understanding of the North Korean economy. It is strongly recommended for Korean and East Asian specialists as well as students of transition economies.’
– Chung-in Moon, Journal of Economic Literature