After the Collapse: The Formalization of Market Structures in North Korea, 1994-2010

By Peter Ward | June 09, 2014

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.