Unveiling the North Korean Economy: Collapse and Transition

1. An Evaluation of the Socialist Economy
1.1. Economic Systems
1.2.The Performance of the Socialist Economy
1.3. Households in Socialist Economies
1.4. Firms in Socialist Economies
1.5. Sustainability and Collapse of the Socialist Economy
2. The North Korean Economy
2.1. The North Korean Socialist Economic System
2.2. Performance of the North Korean Socialist Economic System
2.3. Households: Surviving in Informal Markets
2.4. Firms: Surviving with Markets and Foreign Trade
2.5. Regime Stability in North Korea: Corruption and Markets
3. Transition of the North Korean Economy
3.1. An Overview of the Transition Experience
3.2. Macroeconomic Stabilisation and Liberalisation
3.3. Privatisation and New Entry of Firms
3.4. Economic Integration with South Korea.