The author is Kim Byung-yeon, a professor of economics at the Department of Economics at Seoul National University. He’s a recognized distinguished researcher in Humanities and social sciences by the National Research Foundation of the Republic of Korea. He’s a regular columnist o Korean issues in leading South Korean newspapers.
The book Unveiling the North Korean economy, written by Kim Byung-yeon was published by Cambridge University Press in 2016.B. Tauris in 2017. Excluding acknowledgements and introduction, conclusion and additional elements, the book consists of a classic structure: three chapters, where the first chapter is an evaluation of the Socialist economy, then a presentation of the North Korean economy, and finally the Transition process of the North Korean economy, demonstrating how the North Korean leadership overpassed the collapse of the Soviet Union. The book is also a synthesis and overview of studies of the North Korean economy since 1953 (starting from page 41). It’s one, but not the only one, scholar book focused on North Korean economic studies, made available in a foreign language. Interestingly similar books related to the North Korean economy were published in communist countries such as for instance the book entitled Współpraca KRLD z krajami socjalistycznymi [The cooperation of the DPRK with Socialist countries] (Warszawa: Państwowe Wydawnictwo Ekonomiczne, 1975) authored by Stefan Kojło Stefan, and the monograph prepared by Stefan Kojło and Anatol Dikij Polska – KRLD: Gospodarka, współpraca [Poland-DPRK: Economy, cooperation], (Państwowe Wydawnictwo Ekonomiczne, Warszawa 1975).
The book is equally divided between the three following chapters. The first chapter is an evaluation of the Socialist Economy (pp. 6-40). Divided in five parts, the section discussed the framework of the Socialist economy from the point of view of companies and households. The whole is explained using theoretical economic models. The second chapter (pp. 41-216) is a kind of economic history of North Korea, underlining its basements such as the Central Planning System, Juseok Funds&Spot Guidance issues. I regret no enlarged information concerning the Public Distribution System. The third chapter is more contemporary as it treats about the transition of the North Korean economy (pp. 217-300) focusing on the stabilization of its economy through liberalization and potential integration with South Korean partners. As a piece of evidence (p. 92), the author stipulates that 90 per cent of total household expenditures are made in these (unformal) markets.
The book deals with several different eras in the history emphasizing in English, elements of the North Korean economy which were rarely discussed by North Korean scholars. For instance, combined North Korean firms, known as Yeonhap Giupso, (p. 123), the News System of Foreign Trade established in 1991 (p. 124), and the Juseok Fund (pp. 130-31). Some of these elements were discussed on the other best-seller related to the North Korean economy written by Hazel Smith Markets and Military Rule.
There are some points which seems to indicate that the research of the author is somehow outdated. For example, many research surveys done by the author (pp. 185). Were done six years before the publication of the book. Also data seems to be slightly old taking in account the publication date (2017). Due to the old data, conclusion related to the relation between markets, bribery, and regime stability in North Korea may weaken over the time (p. 187) as the survey was done in 2009 (Main Bribe-Takers).
On page 164, data related to the trade of North Korea are updated to 2014, p. 169 imports of North Korea are dated till 2012. may provide more outdated examples. The author also consider the province Hamgyung (known as Hamgyungdo) as a whole in spite of its division in Hamgyongdo North (Hamgyungpukdo) and Hamgyungdo South (Hamgyungnamdo), for example on page 96. I would like to clearly indicate that in any case, the contribution of the author to the gathering of data concerning the North Korean economy is fantastic. The author also minimize the results of the North Korean economy in the 70’s, indicating that the North Korean GDP per capita was higher thatn that of South Korea. The author considers that Growth rates were overestimated in the statistics supplied by North Korean authorities (pp. 80-81).
Concerning bribes and corruption, the author indicates that bribery may have a negative, but also a positive impact. According to Frossman quoted on page 181, as “good corruption may contribute to the stability of the regime because it adds to the aggregate supply of goods and services, while bad corruption does not. Finally, the author defends, what I agree with him, that “the current situation regarding the informal economy and bribery may be characterized as an equilibrium…Given resource constraints that make it difficult for the dictator to pay his officials appropriate salaries, he implicitly allows officials to receive money from market participants.”.
Furthermore, the book has also other limitations. I consider that the author didn’t provided enough data concerning the emergence of a new social class in North Korea: the donjus. These “money owners” are barely mentioned page 64 as being “private financiers…to be financing the construction of flats”. As it wasn’t probably the purpose of the author, this social class was barely mentioned in spite of its key role in the development of the North Korean economy. The author used also few western publications (only one publication or Marcus Noland was quoted – p. 319) and no Russian sources in spite of the connections of this country to North Korea. Probably for linguistic reasons, sources in Chinese were also omitted. It would have maybe valuable to indicate it in the introduction of this monograph.
Kim Byung-Yeon. Unveiling the North Korean economy, Cambridge: Cambridge University Press, 2017, 329 pages. ISBN: 978-1-316-63516-2
Nicolas Levi Analyst on North and South Korea. He is an assistant professor at the Institute of Mediterranean and Oriental Cultures of the Polish Academy of Sciences. Author of 7 books, more than 20 academic articles, and over 50 analytical reports on the Korean Peninsula, Poland, and related issues. He conducts lectures at top universities in Poland and abroad.
Więcej informacji na temat: newslettera, polityki prywatności serwisu
czytaj więcej
Women’s liberation in China: interview with prof. Wu Lijuan
Interview of Ewelina Horoszkiewicz with prof. Wu Lijuan - Associate Professor at the Department of Sociology at Peking University. Her research concentrates on the gender issues and social changes brought about by globalization. She wrote a book “Job Placements and Job Shifts in China: The Effects of Education, Family Background and Gender”.
Ewelina HoroszkiewiczOnline Course: “Conflict Resolution and Democracy”
The course will be taught via interactive workshops, employing the Adam Institute’s signature “Betzavta – the Adam Institute’s Facilitation Method“, taught by its creator, Dr. Uki Maroshek-Klarman. The award-winning “Betzavta” method is rooted in an empirical approach to civic education, interpersonal communication and conflict resolution.
Internet, cryptocurrencies & blockchains in North Korea
North Korea is considered as a secretive state, but, paradoxically, the country is developing last trend technologies. With prohibitions restricting the flow of money, the country is turning to bitcoin and other cryptocurrencies to finance their programs, instead of coming under new pressure.
Nicolas LeviEnvironmental problems transcend not only national borders but also historical periods. And yet debates on the necessary measures and timelines are often constrained by considerations of election cycles (or dynastic successions) in any given country.
Dawid JuraszekHow China uses its narratives on the Russo-Ukrainian war to court the Global South
Three years after Russia’s full-scale invasion of Ukraine, it is entirely clear that this conflict has irrevocably changed the geopolitical landscape both in Europe and beyond and its repercussions will be felt far beyond the battlefield for years to come.
Konrad SzattersThe unification of the two Koreas: an ASEAN perspective
The aim of the paper is to discuss the role of the ASEAN as a critical component of the solution to the Korean unification. The Korean Unification refers to the potential reunification of both Koreas into a single sovereign Korean state led by the leadership of the two Koreas.
Nicolas LeviThe number of confirmed executions and frequent disappearances of politicians remind us that in North Korea the rules of social Darwinism apply. Any attempt to limit Kim Jong-un's power may be considered hostile and ruthless.
Roman HusarskiBorder conflicts as political tools: the Thailand–Cambodia crisis
The border conflict between Thailand and Cambodia is much more than just a territorial dispute. Rooted in historical ambiguities, it has become a tool for domestic political maneuvering in both countries and a stage for international strategic competition.
Andżelika SerwatkaWorkshop – Liberalism vs authoritarianism: political ideas in Singapore and China
We cordially invite you to a workshop session “Liberalism vs authoritarianism: political ideas in Singapore and China”. The workshop is organized by Patrycja Pendrakowska and Maria Kądzielska at the Department of Philosophy, University of Warsaw on ZOOM.
China’s Social Credit System – How will it affect Polish enterprises in China?
The Social Credit System currently being rolled out in China may pose significant organisational and legal challenges for both foreign and Polish entities operating in China. We invite you to read our report, prepared in cooperation between the Boym Institute and Kochanski & Partners.
Patrycja PendrakowskaWhy is stronger foreign investment protection needed in relations with China?
One of the key elements of the protection of foreign investment (and thus the foreign investor) is the mechanism for resolving disputes between the state and the foreign investor. The mechanism itself may take different forms...
Adrian ZwolińskiTo free oneself from the Chinese embrace. On Indo-Russian relations with Nandan Unnikrishnan
Interview with Nandan Unnikrishnan, who has served for many years as a correspondent for Indian media in Russia. Currently he is a research fellow at the Observer Research Foundation in Delhi. The interview was conducted during the Raisina Dialogue 2019 in Delhi.
Krzysztof ZalewskiWe would like to inform, that Financial Intelligence has published interview for Balkan Development Support with Patrycja Pendrakowska.
Guidance for Workplaces on Preparing for Coronavirus Spread
Due to the spread of coronavirus, the following workplace recommendations have been issued by the Ministry of Development, in cooperation with the Chief Sanitary Inspector. We also invite you to read article about general information and recommendations for entrepreneurs.
We would like to inform, that Observer Research Foundation has published article of Krzysztof Zalewski - the Boym Institute Analyst, Chairman of the Board and Editor of the “Tydzień w Azji” weekly.
Krzysztof ZalewskiPatrycja Pendrakowska as a participant of Women Economic Forum (WEF) in India
The interactive discussion covers recent projects and collaborations which have contributed to a greener economy in India
Dr Krzysztof Zalewski participates in the Kigali Global Dialogue in Rwanda
A short note and photo gallery from the chairman of the Board of the Boym Institute, who stays in Rwanda at the "Kigali Global Dialogue" conference.
Adam Institute for Democracy & Peace – Crowdfunding Campaign December 2020
Democracy in Israel is in crisis. And if we don't educate for democracy, it just won't exist. It's that simple. The actual teaching of democracy, on the other hand, isn't so simple. It requires experience, theoretical and practical knowledge and the flexibility to adapt to our ever-changing reality.
Polish-Asian Cooperation in the Field of New Technologies – Report
Polish and Polish-founded companies are already on the largest continent in sectors such as: IT, educational technology, finance, marketing, e-commerce and space. Despite this, the potential lying dormant in the domestic innovation sector seems to be underutilized.
Chinese work on the military use of artificial intelligence
Intensive modernization and the desire to catch up with the armed forces of the United States made chinese interest in the military application of futuristic technologies grow bigger.
Paweł BehrendtCharitable activities of the Vietnamese in Poland: their scope and sources
The scale of assistance provided to medics by the Vietnamese community during the 2020 pandemic inspires admiration and gratitude. It stems from the sense of belonging to Poland and deeply rooted in the culture order to help those in need and repay the debt incurred at the time when they themselves needed such help.
Ewa GrabowskaIndian dream – interview with Samir Saran
Krzysztof Zalewski: India is a large country, both in terms of its population and its land area, with a fast-growing economy. It is perceived as a major new player on the global stage. What would the world order look like if co-organized by India? Samir Saran: India’s impact on the world order is already significant, but […]
Krzysztof ZalewskiVoices from Asia – introduction
We would like to cordially invites all to the new series "Voices from Asia" that is devoted to the Asian perspectives on the conflict in Ukraine. In this series, we publish analysis by experts based in Asia or working on Asian affairs who present their positions on this matter.
Kyrgyzstan on the Path to Political Stabilisation
On 10 January, early presidential elections were held in Kyrgyzstan, following the resignation of the incumbent, President Zheenbekov. The atmosphere in which the vote was conducted remained tense. This had been the case since the results of the October elections were announced, in which the opposition grouping failed to win a single parliamentary seat.
Jerzy Olędzki