Markets, Economic Changes, and Political Stability in North Korea

Author
Marcus Noland
Date
2011-06-29
Views
1733
Markets_Economic_Changes_And_Political_Stability_in_N.Korea_M.Noland


< IGE/Samung Electronics Global Business Forum >

Markets, Economic Changes, and Political Stability in North Korea

- Speaker: Marcus Noland, Deputy Director, Peterson Institute for International Economics

- Date: June 29, 2011.

"We see the market as a zone of personal autonomy and freedom, and as outsiders we should be acting to try to strengthen the market as an institution in North Korea. Not only to address the material needs of the North Korean people, but to address broader humanitarian and social concerns as well. Ultimately, to use a Marxian formulation, we want to intensify the contradictions. We want to constrain what is effectively an unaccountable regime. And as I said earlier, to me that is the great tragedy of North Korea, that the political regime effectively has no accountability and that it can impose the worse sorts of misery on its people... "

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