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2014 | Global Business Towards New Paradigm in Time of Crisis | 102--125
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Wither North Korea?

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What can possibly account for Kim dynasty's survival through the turbulent and trying times since the 1980s, when most of other communist countries have cither collapse or undergone substantial changes? A good answer to this question is a pre-requisite for any speculation about the future of N. Korea. Broadly, I believe, there are two kinds of factors responsible for the N. Korea's staying power until recently - internal and external. I will first try to explain these factors. Next, I will discuss how these two factors may have changed since the waning years of KJI, since 2007. I will close the paper with some speculations on how the changes may impact the staying power of KJU and the likely scenarios for N. Korea. (fragment of text)
  • St. John's University, United States
  • Choi Y.B., Merril Y., Yang Y.Y., Chang S. (eds.), 2001, Perspectives on Korean Unification and Economic Integration. Cheltenham; Edward Elgar.
  • Hanke S., 2013, North Korea: From Hyperinflation to Dollarization, "GlobeAsia" July, pp. 22-24.
  • Hunter H.-L., 1999, Kim Il-Sung's Korea, Santa Barbara, CA: Praeger.
  • Hwang J.-Y., 1999,1 Saw the Truth in History (in Korean), Han-eol.
  • Shin D.-H., Harden B., 2012, Escape from Camp 14: One Man's Remarkable Odyssey From North Korea to Freedom in the West, New York: Viking Adult.
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