Tag Archives: Yangkang

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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Lurching towards Reform

In the aftermath of Ri Yong-ho’s removal from office, there have been sporadic speculations regarding the internal state of the Kim Jong-eun regime. But even if there is power jockeying within the upper echelons of the party and military, what … 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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