Article – Start-up North Korea?

by 7 January 2016

3 December 2015 Rachel Cunliffe CapX

North Korea usually only makes the news due to renewed military aggression, or when a defector publishes an account of their escape. Rarely is there any positive news coming out of the most isolated economy in the world.

But today, the Washington Post reports on a hopeful new development in the Hermit Kingdom: the establishment of 20 “economic zones”, where residents will be allowed to experiment with capitalism.

And they are [...]

Article – Economic experiment shows limits of NKorean change

by 23 December 2013

10 December 2013 Eric Talmadge Associated Press

RAJIN, North Korea (AP) — Many of the ways in which this dusty, windswept area differs from most of North Korea are easiest to see at night.

Although there are traffic lights in other cities, the ones here in the Rason Special Economic Zone actually light up. The avenues are broad and paved, and along the main street, colorful, decorative lights outline the edges of [...]

Article – North Korea looks to lure foreign investment, plans more special economic zones

by 13 November 2013

16 October 2013 The Globe and Mail

Academics and experts attend an international meeting on special economic zones at Yanggakdo Hotel in Pyongyang, North Korea, Wednesday, Oct. 16, 2013. (Jon Chol Jin/AP)

In a bid to bolster its laggard economy, North Korea plans to set up more special economic zones and has created a group to assist potential foreign investors, state media and the organizers of a rare international conference in Pyongyang said Wednesday.

Ri [...]