Marcus Noland


Marcus Noland is Senior Fellow at the Peterson Institute for International Economics, Washington, DC. His work encompasses a wide range of topics including the political economy of US trade policy and the Asian financial crisis. His areas of geographical knowledge and interest include Asia and Africa where he has lived and worked. In the past he has written extensively on the economies of Japan, Korea, and China, and is unique among American economists in having devoted serious scholarly effort to the problems of North Korea and the prospects for Korean unification. He won the 2000-01 Ohira Memorial Award for his book Avoiding the Apocalypse: The Future of the Two Koreas. Dr. Noland was a Senior Economist at the Council of Economic Advisers in the Executive Office of the President of the United States and has held research or teaching positions at Yale University, the Johns Hopkins University, the University of Southern California, Tokyo University, Saitama University (now the National Graduate Institute for Policy Studies), the University of Ghana, the Korea Development Institute, and the East-West Center. In addition to numerous books he has written many scholarly articles on international economics, US trade policy, and the economies of the Asia-Pacific region. He has served as an occasional consultant to organizations, such as the World Bank and the National Intelligence Council, and has testified before the US Congress on numerous occasions.




Papers Published in World Economics:


The Future of North Korea is South Korea
Author: Marcus Noland

North Korea's famine was in significant part a product of state failure, and unleashed an unintended grassroots process of marketization. Reforms undertaken in 2002 are more usefully interpreted as a response to this development than as a pro-active attempt to improve efficiency, and the government’s stance remains ambivalent. The economy is progressively more integrated with those of China and South Korea, but the modalities differ: involvement with China increasingly occurs on market-conforming terms, while interaction with South Korea has a growing official transfer or subsidy element. Recent floods will contribute to a political context for enhanced South Korean government support.

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