Fish-Trading Pioneers of North Korea’s Market Economy
May 21st, 2017
Via NK News (subscription required), an interesting look at how “running traders” during the 1990s laid the groundwork for the DPRK’s fledging private markets: I want to introduce you, readers, to Ms. Pak (not her real name, of course), a North Korean small trader. She left her country about a decade ago, but back in […]
Read more »Turns Out North Korea’s Economy Is Actually Doing Pretty Well
May 2nd, 2017
Via Vox, a look at North Korea’s economy and how its quiet embrace of free markets has helped the country survive sanctions: Resolute in its commitment to communism and plagued by sanctions, North Korea has one of the most isolated economies in the world. And yet its economy is showing signs of expanding — potentially […]
Read more »How Fast Is The North Korean Economy Growing?
February 2nd, 2017
Via the Peterson Institute for International Economics, a look at North Korea’s economic growth: Every so often we get reports that attempt to estimate how fast (or if) the North Korean economy is growing. Such exercises require a bit of ingenuity, creatively, guesstimates, and, regrettably often, the suspension of disbelief. A study(link is external) released by Hyundai […]
Read more »Jim Rogers on North Korea
September 1st, 2016
Via Business Insider, an interesting report on Jim Rogers’ interest in North Korea: Jim Rogers is nothing if not a contrarian, and one of his boldest moves is trying to bet on North Korea. The famous investor, who cofounded legendary hedge fund Quantum with George Soros, spoke to Real Vision TV and said North Korea is where China was […]
Read more »‘Owning’ A Home In North Korea
May 25th, 2016
Via NK News, an interesting look at ‘owning’ a home in North Korea, where esidency rights and restrictions on moving means one all but owns the place: The North Korean law makes it quite clear: It is illegal in North Korea to buy, sell and rent out houses. It is theoretically possible to swap houses within one […]
Read more »North Korea
March 14th, 2016
Via Lucky Peach, a look at North Korea: I skipped the in-flight meal on Air Koryo—the only North Korean airline, which consists mostly of a small fleet of planes bought at discount from Russia in the late 1980s, decorated with yellow wallpaper and silk doilies on the headrests. When the flight attendant produced from her cart […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.