Via 38North, commentary on North Korea’s economy: Kim Jong Un has based his claim to legitimacy as North Korea’s leader on economic performance. This makes him more vulnerable to economic crises than his predecessors. If he wants to stay in power and achieve Korean unification under his leadership, he will have to succeed in making […]
Read more »Via the Asia Times, a look at how, while many investors are salivating at the prospects in North Korea, a handful of players are already seeing profits: In offices overlooking the Yalu River in Dandong, China, at a rural real estate agency just south of the inter-Korean DMZ, and among the glass and steel office […]
Read more »Via Foreign Policy, an interesting article on North Korea’s economic potential: This month’s summit in Singapore between U.S. President Donald Trump and North Korean leader Kim Jong Un sparked hopes that the two men can solve a decades-old impasse and open up one of the world’s most closed economies. Those visions may not be a pipe […]
Read more »Courtesy of The Financial Times, a report on North Korea and what appears to be Pyongyang preference for pursuing a state-guided Chinese model over unfettered capitalism: When Donald Trump outlined his vision for the economic development of North Korea, he played on western ideals of luxurious apartments with sea views. But just days after a […]
Read more »Via Capital Economics, an interesting look at North Korea: • Tomorrow’s historic summit between Donald Trump and Kim Jong Un in Singapore has raised the (distant) prospect of international sanctions against North Korea being lifted, a move that one day could even pave the way for the country’s integration into the global economy. While North […]
Read more »Courtesy of The New York Times, a report on the potential for North Korea to open its economy: North Korea is one of the world’s most isolated countries. It is ruled by an unpredictable dictator with his finger on the nuclear button. So, who wants to invest there? Well, basically nobody. But leading up to […]
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