Why North Korea’s bold experiment with raising wages is destined to fail
Fueled by Russian funds, the reforms substitute ideology for economics and risk inflation, deeper poverty or worse
A North Korean worker at a nitrogen fertilizer plant in Hamhung | Image: Eric Lafforgue (Sept. 2012)
Editor’s note: The following article is an opinion piece by Chan Young Bang, the principle investigator at the DPRK Strategic Research Center. Views expressed in opinion articles are exclusively the author’s own and do not represent those of NK News.
Editor’s note: The following article is an opinion piece by Chan Young Bang, the principle investigator at the DPRK Strategic Research Center. Views expressed in opinion articles are exclusively the author’s own and do not represent those of NK News.
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