North Korean Review, Vol. 3, No. 2 (Fall 2007)

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About the Book

North Korean Review is the first academic journal in North America or Europe to focus exclusively on North Korea. The purpose of NKR is to provide readers with an improved understanding of the country’s complexities and the threat it presents to global stability.
International and interdisciplinary, NKR is a refereed journal published twice a year. Topics include culture, history, economics, business, religion, politics and international relations, among others.
Back issues are available to individuals $30 and to institutions for $75, and are subject to availability. On our website, the individual price is the default. Institutions interested in purchasing back issues may order online (we will bill you the difference in price), contact your subscription agent, or contact McFarland at 800-253-2187 or

About the Author(s)

Suk Hi Kim, a professor of international finance, is the coordinator of finance and international business at the University of Detroit Mercy. He is the editor of North Korean Review and the founding editor of Multinational Business Review. He lives in Plymouth, Michigan. Send editorial correspondence to Suk Kim, College of Business Administration, University of Detroit Mercy, 4001 W. McNichols Road, Detroit MI 48221, tel (313) 993-1264, fax (313) 993-1673, (Other correspondence to McFarland.)

Bibliographic Details

Edited by Suk Kim
Format: softcover (7 x 10), back issue
Pages: 124
Bibliographic Info:
Copyright Date: 2007
ISSN 1551-2789
Imprint: McFarland

Table of Contents


Book Review Editor Bernhard Seliger      3


The Denuclearization Agreement of February 13, 2007, and Its Implementation      5

The Beijing Deal Is Not the Agreed Framework      19

Can the New Nuclear Deal with North Korea Succeed?      24

Market Reform in North Korea: Are They for Real?      27

Reasons for Investing in North Korea      45

North Korea: From Failing towards Reforming State?      65

Casting American Sunshine on North Korea      89

Why Do We Not Understand the DPRK?      94

The North Korean Positive Hero in The People of the Fighting Village      101

The Korea–U.S. Free Trade Agreement of April 1, 2007, and Kaseong Industrial Complex      119


Book Reviews      129

Call for Papers      133

Book Reviews & Awards

“has played a defining role in the field of North Korean studies…recommend[ed] that most academic and public libraries subscribe in order to provide relevant information about Northeast Asian peace and economic prosperity.”—Library Journal.