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THE DPRK ECONOMY: AN INSIDE LOOK
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THE DPRK ECONOMY: AN INSIDE LOOK
Annotation
PII
S0321-50750000616-3-1
Publication type
Article
Status
Published
Authors
Liudmila Zakharova 
ORCID: 0000-0001-6164-3518
Edition
Issue №12
Pages
38-45
Abstract
With tightening international economic sanctions, North Korea has to take measures to prepare conditions for sustainable economy relying mostly on internal resources. The study is based on the analysis of official North Korean documents, as well as empirical data collected by the author during an academic trip to Pyongyang in 2017. The article examines the main directions of the DPRK's economic development after the Seventh Congress of the Korean Workers' Party, held in May 2016. The author comes to the conclusion that, given the limited possibilities for using external resources, the DPRK leadership is trying to stake on scientific and technological progress and mobilization of citizens' private initiative limited by the scope of the socialist property system.
Keywords
DPRK, economy, economic policy, economic development strategy, import substitution, sanctions
Date of publication
01.12.2017
Number of purchasers
4
Views
1357
Readers community rating
0.0 (0 votes)
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