Courtesy of The Economist, an interesting article on South Korea’s investment interest in North Korea: SHIN HAN-YONG likes to think of himself as a pioneer. “We had the spirit to see potential where others didn’t,” says the South Korean businessman. Shinhan, his fishing-gear company, was among the first to begin production in the Kaesong industrial […]
Read more »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 Economist, a look at North Korean’s economic potential: AS AMERICA presses North Korea to abandon nuclear weapons, it has pointed to Vietnam as an example of the prosperity that awaits the isolated state. “It can be your miracle in North Korea as well,” Mike Pompeo (pictured), the secretary of state, said on July […]
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 […]
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