Latest Op-Ed: Can Kim Jong Un’s Diplomatic Offensive Visits Break Sanctions?

Added to the disaster of North Korea’s command economy is an ongoing heat wave that has devastated crops, persistent electricity shortages , and sanctions that are—more often than not—enforced by Russia and China. Kim has implemented a limited number of reforms, such as switching from communal farms to family ones. North Korea has also allowed some limited competition, private property, and at times ignores black markets out a grudging nod to the reality of supply and demand. But in the face of sanctions and the inefficiencies of communism, these meager changes are not enough.” Read more here.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s