Today's North Korean regime embodies elements of both communism and Confucian dynasty, is sovereign with respect to only part of the divided Korean nation, is vulnerable to pressure from external powers, and confronts incipient internal demands for change, yielding an unusually broad set of possible transition paths and successor regimes. Such paths range from maintenance of the status quo to evolution, probably toward a more conventional form of military authoritarianism, to revolutionary upheaval, the latter in all likelihood implying the North's collapse and its absorption into the rival Southern state. This policy analysis quantitatively analyzes the probability of regime change and examines the character of possible successor regimes and the implications of these profoundly different trajectories for South Korea.
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Marcus Noland, executive vice president and director of studies, has been associated with the Institute since 1985. From 2009 through 2012, he served as the Institute's deputy director. His research addresses a wide range of topics at the interstice of economics, political science, and international relations. His areas of geographical knowledge and interest include Asia and Africa where he has lived and worked, and the Middle East. 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.
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