Gray and Lee focus on three geopolitical 'moments' that have been crucial to the shaping of the North Korean system: colonialism, the Cold War, and the rise of China, to examine how the emergence and subsequent development of the North Korean political economy was fundamentally shaped by broader processes of geopolitical contestation.
This book highlights the increasing risk of North Korea’s collapse and considers the necessary actions that would enable the neighboring powers to prepare for such an event. North Korea's deteriorating economic conditions, its reliance on external assistance, and the degree of information penetration all provide hints of its collapse. Whether the chance is high or low, the collapse of North Korea and subsequent Korean unification would drastically alter the geostrategic landscape and profoundly affect the national interests of the regional powers—South Korea, China, the United States, Japan, and Russia. The most desirable scenario for a post-unification Korean Peninsula is a successfully developed and integrated non-nuclear Korea acting as a responsible regional and world stakeholder. This work considers the major challenges expected after a North Korean collapse, including the control of nuclear weapons, disorder in the immediate aftermath of collapse, and economic and social integration. The author then outlines how regional powers need to prepare to handle these challenges in order to minimize suffering and to set the foundation for long-term development and regional stability.
Diplomatic expert Patrick McEachern unpacks the contentious and tangled relationship between the two Koreas in an approachable question-and-answer format.
Drawing on previously unpublished Russian archival materials, this book is the first detailed history and current analysis of the North Korean nuclear program. The contributors discuss Soviet-North Korean nuclear relations, economic and military aspects of the nuclear program, the nuclear energy sector, North Korea's negotiations with the Korean Peninsula Energy Development Organization, cooperative security, and U.S. policy. Unique in its focus on North Korean attitudes and perspectives, The North Korean Nuclear Program also includes Russian interviews with North Korean officials.
In the realm of international relations, there are seemingly few states like North Korea. Whether it is the country’s human rights situation, its precarious everyday life or its so-called foreign policy of coercion and nuclear brinkmanship, no matter what this ‘pariah’ nation says and does it affects the state and stability of regional and global politics. But what do we know about North Korea and how do we come to know it? This book argues that visual imagery plays a decisive role in this operation. By discussing two exemplary areas – everyday photography and satellite imagery – the book takes into account the role of images in the way that particular issues related to North Korea are understood in contemporary geopolitics. Images work. They do something by evoking a particular perspective of what is shown in them, allowing only specific ways of seeing and knowing. In this sense, images are deeply political. Individual methodological usages in the book can provide a procedural basis from which to start or rethink further studies on visuality, both in IR and beyond. It also opens an innovative path for future studies on East Asia, making the book attractive to a range of specialists and thus holding an appeal beyond the boundaries of a single discipline.
Driven by foreign investments and exports, the economies of many East Asian countries have seen dramatic growth, but North Korea has lagged behind. Why? What are the country's prospects for development? In what ways do its external relations affect its domestic economy? To answer these questions, the authors of this book delve deeply into the economic policies of the successive Kim rulers. The result is a systematic overview of North Korea's economic development and the wide range of domestic, regional, and global factors at play.
We investigate how corporate stock returns respond to geopolitical risk in the case of South Korea, which has experienced large and unpredictable geopolitical swings that originate from North Korea. To do so, a monthly index of geopolitical risk from North Korea (the GPRNK index) is constructed using automated keyword searches in South Korean media. The GPRNK index, designed to capture both upside and downside risk, corroborates that geopolitical risk sharply increases with the occurrence of nuclear tests, missile launches, or military confrontations, and decreases significantly around the times of summit meetings or multilateral talks. Using firm-level data, we find that heightened geopolitical risk reduces stock returns, and that the reductions in stock returns are greater especially for large firms, firms with a higher share of domestic investors, and for firms with a higher ratio of fixed assets to total assets. These results suggest that international portfolio diversification and investment irreversibility are important channels through which geopolitical risk affects stock returns.
After providing an accessible history of the nation, the author turns his focus to what North Korea is, what its leadership thinks and how its people cope with living in such an oppressive and poor place, arguing that North Korea is not irrational, but rather a nation that has survived against all odds.
Nation Building: The Geopolitical History of Korea provides a history of Korea from a geopolitical perspective, emphasizing Korea's relations with China, Japan, Russia, and the United States. The author presents fresh, up-to-date views on the development of Korea. He begins with the founding of Korea and depicts the nature of the Koryo Dynasty and the Northern Tribes, the Chosun Society and the Confucian Heritage of Korea through the beginning of Western influence on the country. Emphasis moves to the period of Japan's domination of Korea and eventually to the effects of the US-USSR rivalry on their relationships with Korea. The author relates the Korean War as a civil international conflict and lays out the effects of the war. The conclusion discusses the economic development within Korea and the changes in relations with the country.
Under Kim Jong-un, North Korea has experienced growing economic markets, an emerging 'nouveau riche,' and modest levels of urban development. To what extent is North Korean politics and society changing? How has the growth of markets transformed state-society relations? This Element evaluates the shifting relationship between state, society, and markets in a deeply authoritarian context. If the regime implements controlled economic measures, extracts rent, and subsumes the market economy into its ideology, the state will likely retain strong authoritarian control. Conversely, if it fails to incorporate markets into its legitimating message, as private actors build informal trust networks, share information, and collude with state bureaucrats, more fundamental changes in state-society relations are in order. By opening the 'black box' of North Korea, this Element reveals how the country manages to teeter forward, and where its domestic future may lie.
