Review
" . . . (This) encyclopedic coverage of the two Korean economies . . . will be widely read and cited." --
Il SaKong, Chairman and CEO of the Institute for Global Economics and former Minister of Finance of the Republic of South Korea "Avoiding the Apocalypse is unique in its breadth and rigor...essential reading for anyone interested in the future of Korea." --
Joe Stiglitz, Former Senior Vice President of Development Economics and Chief Economist of the World Bank"Noland has digested everything that can be relied upon to understand North Korea and made it widely accessible." --
Journal of Asian Studies; Lawrence B. Krause, UC San Diego"Noland's account offers especially timely insights and guidance." --
Robert B. Zoellick, Former U.S. Undersecretary of State, and White House Deputy Chief of Staff "Noland's exhaustive study. . . offers a 'tour d'horizon,'. . . as well as extensive analysis of unification's likely effects." --
The Japan TimesThe best way to [be prepared for the worst]is to read Avoiding the Apocalypse. --
The Japan Times
Product Description
On the Korean peninsula one of the greatest success stories of the post- war era confronts a famine-ridden and possibly nuclear- armed totalitarian state. The stakes are extraordinarily high for both North and South Korea, and for countries such as the United States that have a direct stake in these affairs. This study (*), the most comprehensive volume to date on the subject, examines the current situation in the two Koreas in terms of three major crises: the nuclear confrontation between the United States and North Korea, the North Korean famine, and the South Korean financial crisis. Out of these, the future of the peninsula is then explored under three alternative scenarios: successful reform in North Korea, collapse and absorption (as happened in Germany), and muddling through in which North Korea, supported by foreign powers, makes ad hoc, regime-preserving reforms that fall short of fundamental transformation. June 2000. 300 pages (approx.). ISBN: paper 0-88132-278-4. $22.00.
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