What’s really happening now in North Korea?

“It is estimated that 30-50% of North Korean GDP is now produced by the private sector … Kim Jong-un is different: he quietly encourages the market economy … Kim Jong-un wants to apply to his country a model of authoritarian capitalism, a so-called “developmental dictatorship”. This model worked very well in Taiwan and South Korea and now is producing impressive results in China and Vietnam.”

These are extracts from an insightful piece by Andrei Lankov. You can read the article here.


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