Tag Archives: drought

Price instability in Hyesan

Rice & Iron team has been interested in the city of Hyesan for a long time. While rice prices in this border city are often higher than those in Pyongyang and Sinuiju, Hyesan has traditionally enjoyed lower price volatility relative … Continue reading

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Drought and Fire

As the old saying goes, mother nature never takes a break – and no one knows this better than the farmers of North Korea. This year, North Korea’s Central News Agency noted that the average rainfall from mid-February to the … Continue reading

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Summary: The Rise and Demise of Industrial Agriculture in North Korea

Chong-Ae Yu. “The Rise and Demise of Industrial Agriculture in North Korea.” The Mario Einaudi Center for International Studies, Working Paper Series Paper No. 08-05, October 2005 Existing literature on North Korea’s food crisis in the 1990s captured important details … Continue reading

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Inflation and Reform

Andrei Lankov recently wrote an article on Asia Times Online suggesting that while the situation in North Korea is bad, it is not as destitute and desperate as many have made it out to be: For a long-time observer of … Continue reading

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Review of decision by Congress

On July 10, 1954, President Eisenhower signed into law Public Law 480 – the Agricultural Trade Development Assistance Act. The legislation’s stated purpose was to “lay the basis for a permanent expansion of our exports of agricultural products with lasting … Continue reading

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Summary of the food crisis, June 2012

The conditions on the ground in North Korea are rapidly deteriorating with the severe drought hampering farming in key grain basket provinces of Pyongan and Hwanghae since April. There are reports of people starving to death, unable to cope with … Continue reading

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