Getting a Unified Economy on Track…
December 11th, 2007
As reported by The International Herald Tribune, North and South Korea began regular cargo train service across their heavily armed border Tuesday for the first time in more than a half century. While I do not think that the 12-car train or the construction materials, shoes, underwear and other items will make a marked difference […]
Read more »Sun shining on the DMZ?
November 28th, 2007
Via Newsweek, an interesting look at the current state of North Korea’s economy and the possibilities for growth should continued progress towards peace be achieved. As the article notes, in the first 10 months of this year trade between the Koreas rose 23 percent to $1.44 billion, and recent agreements may open additional new areas […]
Read more »North Korea: Following Vietnam’s Model?
November 2nd, 2007
Stratfor offered an interesting look at North Korea’s economic strategies recently (subscription required), noting that Kim Jong Il himself has suggested that North Korea might use Vietnam as a benchmark model for reviving its decrepit economy. “…North Korea is aligned with the goals of the Vietnamese growth model, but it plans to embark on its […]
Read more »Emaar, the UAE, and North Korea
September 6th, 2007
Again thanks to STRATFOR (link to website only; article requires a subscription), the Chairman of Emaar Properties PJSC, the Middle East’s biggest developer by market value, flew to the North Korean capital in his own plane across the West Sea, aka the Yellow Sea. As STRATFOR notes, “…The private plane visit is the first of […]
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.