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North Korea Takes Tentative Steps Towards Economic Reform

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North Korea Takes Tentative Steps Towards Economic Reform

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The situation in North Korea is improving…slowly.

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This four-page article offers a brief overview of economic and political change in North Korea, the country’s relations with its neighbors, and the significance of Kim Jong-un’s ascension as national leader. getAbstract recommends this commentary to readers seeking an introduction to this secretive nation.

Summary

North Korea has experienced more than 60 years of “continuity.” The result has been stability at the cost of prosperity. Kim Jong-un’s succession following the death of his father, Kim Jong-il, has led to some limited change as North Korea tries “economic experimentation.” However, changing the system means admitting something in the past did not work. The party and the military, which remain firmly in control, are reluctant to acknowledge any shortcomings. In September 2012, the Supreme People’s Assembly announced minor changes (such as extending compulsory education from 11 years to 12 years). China...

About the Author

Stefan Lippert is a consultant and professor at the Temple University's Japan campus. He has been based in Japan since 2005.

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