Routledge - The North Korean Economy: Between Crisis and Catastrophe

Gain a deep understanding of the political economy of the DPRK with this meticulously researched volume by Nicholas Eberstadt. While North Korea may seem irrational from a distance, this book reveals the grim coherence and ruthless logic that governs the nation. It explains how the country's leadership prioritizes the augmentation of political power over the economic welfare of its citizens. Readers will explore the paradox of how official policies drive the economy toward a state between crisis and catastrophe, yet the leadership simultaneously maintains unchallenged domestic control. This work provides essential context for anyone studying how North Korea manages to increase its international standing even while facing extreme economic peril. It is a vital resource for students and professionals interested in business and economic history within the region.