Two intriguing Sino-NK related articles on North Korean developmental approach post-Jang have appeared in the venerable BAKS Papers. While one focuses on “pockets of efficiency” and the other on futurological possibility, both are fascinating.
Robert Winstanley-Chesters follows the trail of North Korean charismatic politics deep into the developmental realm, from fungus’ place under the Sunshine policy to the recently rebuilt Central Mushroom Institute.
The promise of profit and increased political stability in Northeast Asia are attractive to Moscow and Seoul, but do the potential benefits of the “Iron Silk Road Express” outweigh the risks that come with investing in North Korea? Sabine van Ameijden evaluates.
Trust can come in many forms, but in Korea there is a serious lack of it. According to Professor Jin Jingyi of Peking University, the key is to transit away from futile attempts to foster political trust, and onto an “economics-first,” or “trusteconomik” if you prefer, approach. Steven Denney explains.
In the modern era of North Korean marketization, the scope and substance of the North Korean economy are hard to establish. Nevertheless, in this new interview with Peter Ward, Professor Andrei Lankov of Kookmin University does his best to describe the current state of affairs.
Peter Ward proposes that the North Korean regime can reconcile the seemingly contradictory concepts of “state rule” and “market economy” by reining in rent-seeking from low- and mid-level bureaucrats and harnessing the power of the markets.