Tag: Kim Jong-Il

Written by lookingbeyondborders

The Faint Smell Of Dog Fart

THE whiff of agrarian reform has hung over North Korea since early summer when DailyNK, a Seoul-based defectors’ website, reported a plan to allow farmers to sell more of their harvest at market prices rather than lower, state-set ones. This week it grew stronger after two Western news agencies reported that farmers would be free […]

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Written by lookingbeyondborders

China-DPRK trade needs new model

…the rapidly developing China-DPRK economic relations have certain problems that need to be solved. Pyongyang has a trade deficit with Beijing and does not have enough foreign exchange reserves. Besides, its economy is anemic and has entered a vicious circle. The imbalance in China-DPRK trade is not only an impediment to DPRK’s development, but also has […]

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