November 29, 2023

Can North Korea pursue economic reform without provoking regime collapse?

KIMEP's Chan Young Bang says state ideology is incompatible with rapid growth - for the time being

North Korea could begin to open its domestic market incrementally by setting up a limited number of special economic zones (SEZs), long-time North Korea watcher and economist Chan Young Bang said in a recent interview with NK News.

That, he argued, would allow the country to kickstart critical economic development without the jeopardizing regime security.