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Podcast: Cosmopod
Episode: An Arduous March: The Development of North Korea's Political Economy
Description: Amelia, Rudy and Matt sit down to discuss the Democratic People's Republic of Korea's political economy, with a focus on the distinct periods. We discuss the "information problem" and how it frames the discussion, before detailing the history of the DPRK's formation after Japanese colonialism and the Korean War. We then discuss the detailed planning period, its unraveling in the mid 80s, and the Arduous March period after the collapse of the USSR, before finishing off with the present periods of market reform and market elimination. References: Charles K. Armstrong - The North Korean revolution, 1945-1950<...