A Hidden Economic Message Behind North Korea’s Satellite Launch?
February 12th, 2016
Via Frontera, interesting commentary that Pyongyang’s recent nuclear tests and satellite launch have little to do with antagonizing the South – or the West – but rather they point to a high-stakes internal struggle that aims to loosen the military’s grip on an increasingly market-oriented economy: IN THE FACE of growing international condemnation, this week North Korea […]
Read more »North Korea: Newest Frontier For A Daredevil Investor
January 13th, 2016
Courtesy of the New York Times, an article on James Passin, a hedge fund manager at Firebird Management: He searched for oil in the badlands of Somalia and fueled a stock market boom in Mongolia. He sued the world’s smallest republic, far out in the Pacific, for a chunk of what it is worth. Now, he is betting […]
Read more »South Korean SMEs: Ready For North Korea?
November 30th, 2015
Via the Peterson Institute, a look at the readiness of South Korean SMEs to enter the North Korean market: We are often negative about the business environment in North Korea and the DPRK government’s struggle to solicit foreign investment. With the case of inter-Korean investment, we also find, however, that it is the South Korean […]
Read more »North Korea’s Quiet Market Reforms
September 14th, 2015
Via NK News, a report on North Korea’s “quiet” market reforms: Not everybody would agree, but it seems increasingly likely that Kim Jong Un and his administration (whatever that means) are executing a careful set of market-oriented reforms. These reforms bear some similarities to what the Chinese leadership did in the 1970s, though they are […]
Read more »North Korea’s Markets
September 7th, 2015
Via North Korea News, an interesting history of market activity in North Korea: In the last five to seven years, a consensus has emerged among students of North Korea. Pretty much all now agree that since the mid-1990s, North Korea has undergone a dramatic economic and social transformation. The North Korean government remains remarkably reluctant to […]
Read more »North Korea: Seeking Foreign Investors After Deal With Chinese Company
August 13th, 2015
Via the Globe and Mail, an article on North Korea’s recent deal with a Chinese company that may provide a channel for more foreign investment: North Korea is hoping to solicit billions of dollars in foreign investment to rejuvenate its tattered industrial landscape after signing a deal that gives a small Chinese rail company the […]
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.