In an extensive year-end research piece, Charles K. Park (North Korea Economic Development Group) looks back at Kim Jong Un’s first year of power to assess the state of North Korea’s economy, the level of reforms that have taken place, and the prospects for improvements in 2013 and beyond. 

Contents

• The Winds of Change
• The Impossible Reform
• Collapse by Reform
• The Arduous Winds of Reform
• A Strong and Prosperous Nation Through Creative Destruction
• Regime Adaptation: Rewriting the Logic of the Personality Cult

The Winds of Change

Back in August 2012, DailyNK featured a political cartoon by Gregory Pence which ponders,