US Korea Institute

Sunday April 30th 2017
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Posts Tagged ‘market’

Consumerism in North Korea: The Kwangbok Area Shopping Center

Consumerism in North Korea: The Kwangbok Area Shopping Center

During my last trip to North Korea in February 2017, I noted a number of interesting developments that have taken place since my previous visit in May 2016. They include the disappearance of iron bars from windows and balconies on the first two floors of residential buildings in Pyongyang, a complete change of the design of license plates for [...]

What Satellite Imagery Can Tell Us About North Korea’s Markets

What Satellite Imagery Can Tell Us About North Korea’s Markets

North Korea is a well-known “black hole” with regard to quantitative data. Hard numbers from the country are virtually nonexistent, and statistical information about it is scattered and unreliable at best. Most other countries freely publish at least rudimentary statistics on demographics, health, economics, and other areas, but in the DPRK, [...]

Book Review: A CAPITALIST IN NORTH KOREA

Book Review: A CAPITALIST IN NORTH KOREA

A CAPITALIST IN NORTH KOREA: My seven years in the Hermit Kingdom, by Felix Abt. Amazon Digital Services, Inc., 2012. ISBN (ePub Edition): 978-1-937572-92-1. A CAPITALIST IN NORTH KOREA is Swiss entrepreneur Felix Abt’s account of his work and life in the DPRK, 2002-2009. As Jim Hoare did in North Korea in the 21st Century, Abt draws [...]

Credit for photo of young North Korean girl: T.M. All rights reserved, used with permission.