'In a major and highly original contribution to our understanding of North Korea, Kevin Gray and Jong-Woon Lee demonstrate that its development has been profoundly influenced by its challenging geopolitical context. Essential reading for anyone interested in this enigmatic nation.' Mark Beeson, author of Rethinking Global Governance 'Economic development has long been an aspiration for North Korea, even as it is left far behind its neighbors. Despite the catastrophic famine, food-shortage, and economic sanctions, North Korea continues its search for a model of economic development that squares the circle: a market economy without a significant market. This book puts North Korea's difficult quest for power and plenty in historical context, and is a welcome addition to the field.' Meredith Woo, author of Race to the Swift: State and Finance in Korean Industrialization '[ ] a compelling and interesting new narrative rich with detail that will be of interest to people who want to better understand North Korea's economic history.' Peter Ward, NK News 'This book will be very useful for students, journalists, and others who need a detailed yet concise summary of what is known about North Korea's economic development. It is well suited as the main textbook for an introductory course on that subject. Long-term experts with a more focused interest in North Korea will appreciate the book's value as a reference work.' Rüdiger Frank, Pacific Affairs 'This thought-provoking and deeply researched volume is a valuable addition to the field.' Jihyun Kim, Journal of Contemporary Asia 'This is a much needed new analysis of the development situation in North Korea, one that incorporates historical experiences, colonial legacies, socio cultural insights, and current geopolitical trends, and has the potential to open policy options that have hitherto been unidentified.' Catherine Jones, Asian Affairs
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