Who’s writing the rules of the North Korean economy?
A newly-obtained document detailing 2014 economic reforms reveals the government’s role in economic regulation
In any economic system, rules are important. But in a country like North Korea, the government has an unusually large role in the economy.
For that reason, it’s no doubt useful to know who writes the rules shaping the DPRK’s economy, as well as the role that different government agencies play in the process of economic management.
Now, a newly obtained document details key regulations Kim Jong Un made during sweeping reforms in 2014 — reforms that likely have a huge impact today, some six years later.
Here are a few key takeaways
- 01With warhead inspection, Kim Jong Un flaunts confidence in tactical nukes
- 02Why North Korea’s ‘radioactive tsunami’ weapon may just be a bluff
- 03How sanctions contribute to North Korea’s humanitarian distress
- 04State media review: North Korea calls denuclearization a ‘declaration of war’
- 05Why North Korea and the Philippines view each other with mutual distrust
- 06North Korea’s new silo-based missile raises risk of prompt preemptive strikes
- 07Why normalizing US-North Korea relations is a prerequisite for denuclearization
- 08North Korean planes active at Pyongyang airport hours after runway missile test