ALSO OF INTEREST

"Marcus Noland has managed to integrate the political and economic stories of both North and South Korea in one most useful volume.... Noland's account offers especially timely insights and guidance."

Robert B. Zoellick
USTR

"... [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

"[The book is] the best I've seen on the subject."

Don Gregg
The Korea Society
and former US Ambassador to the Republic of South Korea

"The best way to ... [be prepared for the worst] ... is to read "Avoiding the Apocalypse," Marcus Noland�s exhaustive study of the two Koreas and the impact of unification ... "

The Japan Times

"This is a very important book, written by one of the world�s leading experts on the two Koreas. Noland has digested everything that can be relied upon to understand North Korea and made it widely accessible."

Lawrence B. Krause
University of California, San Diego
The Journal of Asian Studies

On the Korean peninsula one of the greatest success stories of the postwar 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. 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.

Note

There was missing data in table 3.14 of this publication. We apologize for any inconvenience. To download the errata sheet in PDF format, please click on the following link: ERRATA

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