Back to the future: Kim puts North Korea’s economy on a backwards path
The DPRK leader's speech at the recent plenum indicates the country may become even more insular to withstand sanctions
In an amazingly frank assessment during a landmark policy speech, North Korean leader Kim Jong Un acknowledged shortcomings in the country’s economic structure and urged the need for change.
Indeed, one of the first major sections of Kim’s remarks during 5th Plenary Meeting of the 7th Central Committee of the Workers’ Party is devoted to economics, consuming about 2.5 pages out of 11. The first decision of the draft resolution articulates the need to “rearrange the economic foundation of the country.” Does this mean that economic reform and liberalization will be coming to Pyongyang?
- 01UN Panel of Experts: Why North Korea investigations don’t lead to new sanctions
- 02North Korea’s broken bridges: Photos show typhoon and flood wreckage nationwide
- 03Why Kim Jong Un’s letters probably don’t mean a shift in South Korea policy
- 04North Korea’s killing of a South Korean official spells trouble for Moon Jae-in
- 05Hope is not lost: President Biden might actually make progress on North Korea
- 06What North Korea can do right now to stave off a full-blown economic crisis
- 07North Korea upgrades security at Kim Jong Un’s giant Pyongyang mansion complex
- 08At least 14 North Korean ships disguise themselves in international waters