Analysis So far, North Korea’s new economic plan is full of bad signsState media shared vague details about Party Congress economic reforms that suggest more state control on DPRK markets Kim Jong Un is emerging out of the Eighth Party Congress with a report that hints at little change from where the country was a year ago. Nevertheless, the information unveiled by the Rodong Sinmun gives us some indication of where economic policy and planning is headed — and the signs are far from encouraging for anyone that’s hoping for a North Korea that will promote growth, development and greater economic freedom for its people. Here are some key takeaways: Few target industries divulged: The five-year economic plan usually includes economic targets where the country hopes© Korea Risk Group. All rights reserved. |