Analysis Markets under Kim Jong Un: understanding the new scope of DPRK enterpriseOfficial publications point to a growth in the range of transactions that SOEs can engage in An NK Pro analysis of largely unnoticed North Korean publications in law and economics journals indicates that the DPRK under Kim Jong Un has, since 2014, seen significant change in how State-owned Enterprises (SOEs) trade with one another and sell to the consumer. Analysis indicates that: Previous reforms that legalized some forms of inter-enterprise trade were far more limited, and treated markets as supplementary mechanisms rather than as a core part of enterprise activities; Market contracting (transactions) between SOEs for labor, land, capital, industrial goods (supplies, equipment), intangible goods (technology transfers), services (construction), and consumer goods now© Korea Risk Group. All rights reserved. |