Korea: February 17, 2003

Archives

The North Korean economy has shrunk 32 percent since 1990. But for many northerners, the decline has been more severe. Those connected with the ruling Communist Party are doing well, most others face starvation and privation. The economic reforms last year, which raised salaries twenty-fold and allowed prices to be set by market forces, has been a disaster. Prices for necessities like rice and other food stuffs has increased by much more. The Communist Party and military are deadlocked on what to do about all this. Widespread rebellion is a growing possibility as more northerners find out about the outside world (and that the rest of the world is much better off than they are.)

 

Article Archive

Korea: Current 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 


X

ad
0
20

Help Keep Us Soaring

We need your help! Our subscription base has slowly been dwindling. We need your help in reversing that trend. We would like to add 20 new subscribers this month.

Each month we count on your subscriptions or contributions. 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. A contribution is not a donation that you can deduct at tax time, but a form of crowdfunding. We store none of your information when you contribute..
Subscribe   Contribute   Close