North Korea

*The articles in this journal can be purchased at Wiley Online Library.

Summary of this issue

　Unlike other Asian socialist countries, such as China and Vietnam, North Korea has been slow in its economic reforms and remaining within the framework of the old socialist economy to this day. Moreover, Supreme Leader, Kim Jong-un, continues to play games with the United States using the nuclear and missile development. Where is North Korea heading now? What would the options for the country and its neighboring countries be in order to reslolve the economic problems the country has been facing? In this issue of AEPR, the impact and future strategy of sanctions against North Korea, the impact of the Korean Peninsula unification on both economies, North Korea’s survival strategies in the international community were discussed.

Articles in this issue

Editors’ Overview
　Takatoshi ITO (Columbia University)
　Kazumasa IWATA (Japan Center for Economic Research)
　Jong-Wha LEE (Korea University)
　Colin MCKENZIE (Keio University)
　Marcus NOLAND (Peterson Institute for International Economics and the East-West Center)
　Shujiro URATA (Waseda University)

North Korea: Sanctions, Engagement and Strategic Reorientation
　Marcus NOLAND (Peterson Institute for International Economics and the East-West Center)

Analysis of the Impact of UN Sanctions on North Korea’s Luxury Goods Imports
　Hyung-Gon JEONG (Korea Institute for International Economic Policy)

Market Activities and Trust of North Korean Refugees
　Byung-Yeon KIM (Seoul National University & Kyoto University)
　Seong Hee KIM (Seoul National University)

Korean Unification: Economic Adjustments Under German Assumptions
　Jong-Wha LEE (Korea University)
　Warwick MCKIBBIN (Australian National University & The Brookings Institution)

The Logic of Survival of North Korea
　Kentaro HIROSE (Waseda University)
　Shuhei KURIZAKI (Waseda University)