Analysis North Korea is fighting to take back control of its economy from the marketsKim Jong Un steered his country away from economic reform at the recent Eighth Party Congress and Second Plenary Meeting North Korean leader Kim Jong Un made a number of remarks on the country’s five-year economic plan at last week’s Second Plenary Meeting of the Eighth Central Committee, and about the state of the economy more generally. The Central Committee also dismissed its Economy Director and concluded many of the country’s economic targets were either set too high or too low. Along with the general tenor of state media coverage and editorials concerning the economy since the Eighth Party Congress, North Korea appears to be recentralizing economic power from the enterprise-level back into government © Korea Risk Group. All rights reserved. |