Korea: July 19, 2002

Archives

Apparently the reformers in North Korea have won a round, as the north announced they will finally scrap their food rationing system (used for decades) in favor of a free market system. Another reason, of course, is desperation. The communist central planning has failed to run the agricultural system effectively (as it has failed everywhere else), while free market systems have promptly increased food availability. Moreover, there is already a growing black market that is fueling a growing system of organized crime. 

 

X

ad

Help Keep Us From Drying Up

We need your help! Our subscription base has slowly been dwindling.

Each month we count on your contribute. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage.
Subscribe   contribute   Close