For a majority of the North Koreans, the 1990s were a decade of famine, mass death and social disintegration. But for a small minority of adventurous, entrepreneurial, ruthless and hard-working people it was, in some ways, a dream time, years when somebody with no capital to invest, and with little connections, could make a fortune in few years (with a remarkably high probability of perishing in the process).
Many, but not all, get-rich schemes of the 1990s would be illegal in any state, let alone North Korea. These schemes involved narcotics, counterfeit tobacco, and antiques (both real and fake). Indeed, the antique trade, which boomed from approximately 1995 to 2005, was second only to illicit drugs in terms of both profits and risks.
For a majority of the North Koreans, the 1990s were a decade of famine, mass death and social disintegration. But for a small minority of adventurous, entrepreneurial, ruthless and hard-working people it was, in some ways, a dream time, years when somebody with no capital to invest, and with little connections, could make a fortune in few years (with a remarkably high probability of perishing in the process).
Many, but not all, get-rich schemes of the 1990s would be illegal in any state, let alone North Korea. These schemes involved narcotics, counterfeit tobacco, and antiques (both real and fake). Indeed, the antique trade, which boomed from approximately 1995 to 2005, was second only to illicit drugs in terms of both profits and risks.
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Andrei Lankov is a Director at NK News and writes exclusively for the site as one of the world's leading authorities on North Korea. A graduate of Leningrad State University, he attended Pyongyang's Kim Il Sung University from 1984-5 - an experience you can read about here. In addition to his writing, he is also a Professor at Kookmin University.