Chairman Kim, as Mike Pompeo knows him, is reported to have suggested that North Korea could become the next Vietnam – reforming and opening its economy to foreign investment.
Some editorializing presents this as a realistic and genuinely enticing prospect for international and South Korean investors and companies, and some statistics give this idea the semblance of credibility. But let’s get real: North Korea has serious political and economic issues that will make an opening and real reform very difficult.
Chairman Kim, as Mike Pompeo knows him, is reported to have suggested that North Korea could become the next Vietnam – reforming and opening its economy to foreign investment.
Some editorializing presents this as a realistic and genuinely enticing prospect for international and South Korean investors and companies, and some statistics give this idea the semblance of credibility. But let’s get real: North Korea has serious political and economic issues that will make an opening and real reform very difficult.
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