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
- 01North Korea hints beach resort twice as long as Waikiki may finally open soon
- 02State media review: North Korea slams US ‘air pirates’ for raising risk of war
- 03What North Korea’s official budget reveals about its spending priorities in 2024
- 04How North Korean aggression and the Taiwan election complicate China-DPRK ties
- 05Satellite imagery shows Kim Jong Un’s east coast yacht, missile test activities
- 06State media review: North Korean festivals build up to former leader’s birthday
- 07Survey shows markets reign supreme in the daily lives of North Koreans
- 08What to make of North Korea’s apparent interest in naval nuclear propulsion