Summary of Daniel Tudor & James Pearson's North Korea Confidential

By IRB Media

Please note: This is a companion version & not the original book. Book Preview:

#1 The North Korean economy has always been based on person-to-person market exchanges, but they have never been as prevalent or necessary as they are today. The state no longer provides for the people, so they must rely on capitalism to survive.

#2 The North Korean economy was doing well in the 1950s, 1960s, and early 1970s. However, the economy began to decline in the mid-1970s due to mismanagement by Kim Il Sung and the end of Soviet aid. The PDS began to break down in the early 1990s.

#3 The North Korean famine of 1994-1998 was the darkest period in the country’s history, and it paved the way for marketization. Today, women in North Korea are becoming more independent and ambitious than ever before.

#4 The North Korean government has a difficult relationship with its citizens’ economic liberalization. While there are reform-minded officials in the government, there is also a natural fear of change at the top.

• Language: English
• Publisher: IRB Media
• Release date: Jun 3, 2022
• ISBN: 9798822529489

IRB Media

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Insights on Daniel Tudor & James Pearson's North Korea Confidential

Contents

Insights from Chapter 1

Insights from Chapter 2

Insights from Chapter 3

Insights from Chapter 4

Insights from Chapter 5

Insights from Chapter 6

Insights from Chapter 7

Insights from Chapter 8

Insights from Chapter 1

#1

The North Korean economy has always been based on person-to-person market exchanges, but they have never been as prevalent or necessary as they are today. The state no longer provides for the people, so they must rely on capitalism to survive.

#2

The North Korean economy was doing well in the 1950s, 1960s, and early 1970s. However, the economy began to decline in the mid-1970s due to mismanagement by Kim Il Sung and the end of Soviet aid. The PDS began to break down in the early 1990s.

#3

The North Korean famine of 1994-1998 was the darkest period in the country’s history, and it paved the way for marketization. Today, women in North Korea are becoming more independent and ambitious than ever before.

#4

The North Korean government has a difficult relationship with its citizens’ economic liberalization. While there are reform-minded officials in the government, there is also a natural fear of change at the top.

#5

The North Korean won has declined in value, and people are now using foreign currencies to store their wealth. The unofficial, gray market value of the North Korean has been sinking.