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Asian Economic Policy Review (Vol. 14 Issue 2)

North Korea


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

About AEPR
Japan Center for Economic Research (JCER) launched an English journal entitled Asian Economic Policy Review (AEPR) in June 2006. The journal is published twice a year through John Wiley & Sons. Visit the journal website (Wiley Online Library) for more information.

>>Learn more about AEPR

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

*You can get access to the abstract and full text of the article at Wiley Online Library by clicking on its title link.

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)

Takatoshi Ito: Professor, Columbia University
Kazumasa Iwata: President, Japan Center for Economic Research
Shujiro Urata: Professor, Waseda University

Managing Editor
Colin McKenzie: Professor, Keio University

Associate Editors
Mohamed Ariff (Malaysia): Professor, International Center for Education in Islamic Finance
Muhammad Chatib Basri (Indonesia): Senior Lecturer, University of Indonesia
Hal Hill (Australia): Professor, Australian National University
Yiping Huang (China): Professor, Peking University
Jong-Wha Lee (Korea): Proffessor, Korea University
Marcus Noland (USA): Executive Vice President and Director of Studies, Peterson Institute for International Economics
Chalongphob Sussangkarn (Thailand): Distinguished Fellow, Thailand Development Research Institute
Akihiko Tanaka (Japan): President, National Graduate Institute for Policy Studies (GRIPS)