North Korean Capitalism
In post-famine North Korea, the spread of markets has created a dilemma for the state. While markets are sources of revenue, they also threaten to state’s survival. How has the state responded? In the third installment in a series of reviews, Peter Ward looks at Yang Mun-su’s work on the state’s response to marketization.
The results of a recent survey conducted by Chosun Ilbo of visa-holding North Koreans in the Sino-North Korean borderlands offer a rare, if imperfect, glimpse of domestic public opinion in the DPRK. Christopher Green analyzes the findings.
In a June 16 op-ed in the New York Times, Sue Mi Terry promoted expediting the end of the North Korean regime. The piece energized analyst Michael Bassett to respond.
The purge and execution of a leading North Korean leader this past December has sent ripples through Chinese investors and the government in Beijing. In a presentation on Thursday, Adam Cathcart explores how North Korean strategies in Special Economic Zones along the Chinese frontier are changing.
With the collapse of the state-run distribution service in North Korea, market trading, selling, and buying became a means of survival. What started then is now an integral and formalized part of economic and social life. Peter Ward’s second review concerns Joung Eun-lee’s article on market development in North Korea from the early 1990s to the present.
Much Korean-language research about North Korea goes unread in the English-speaking world. In an effort to bridge the divide and make us all whole, Peter Ward embarks on a series of review essays dealing with key Korean research into marketization. The first piece looks at the surprising role of markets in the Kim Il-sung period.