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Unveiling the North Korean Economy by Byung-Yeon Kim is a seminal work that provides a comprehensive analysis of the North Korean economy. This book serves as a significant reference for scholars and policymakers alike. It presents a clear and comprehensive structure for comprehending the economic operations of one of the world’s most isolated and enigmatic societies.
The book synthesizes a surprisingly large amount of information on the fast-changing North Korean economy. The book utilizes meticulously compiled macroeconomic data, complemented by fresh micro-level data. This altso includes quantitative surveys conducted among North Korean refugees residing in South Korea and studies of Chinese companies that have significant interactions with North Korea.
The book is divided into three main sections. The first section evaluates the socialist economy, providing a historical context and understanding of North Korea’s economic structure. The second section delves into the current state of the North Korean economy, offering detailed insights into its workings. The third section discusses the transition of the North Korean economy, exploring potential pathways to a market economy.
Byung-Yeon Kim is a professor in the Department of Economics at Seoul National University. In addition, he has been recognized for his expertise in economic history. He has regular contributions on North Korean issues in the South Korean newspaper, the JoongAng Daily. His book is surely a testament to his deep understanding of North Korea’s economic landscape. It altso shows his ability to present complex economic concepts in an accessible manner.
In conclusion, Unveiling the North Korean Economy by Byung-Yeon Kim is a must-read for anyone interested in understanding the economic dynamics of North Korea. It undoubtedly offers a unique perspective, backed by rigorous research and analysis, making it a captivating and informative read.
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Books mentioned in the article: Unveiling the North Korean Economy by Byung-Yeon Kim
