Tuesday, April 2, 2013

Economic Reforms In North Korea?



N.Korean Economic Reformer Back as Prime Minister -- Chosun Ilbo

A veteran technocrat who led North Korea's tentative economic reforms a decade ago has again become prime minister of the impoverished country. According to the official KCNA news agency on Monday, Pak Pong-ju's appointment was confirmed by the Supreme People's Assembly.

Pak already served as prime minister from 2003 until 2007 with the backing of former leader Kim Jong-il. A government official here said it is rare for a figure with no blood ties to the ruling family to make a successful comeback. "Pak's life is like a movie," the official added.

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More News On The Appointment Of An Economic Reformer In North Korea

North Korea names Kim clan associate to premiership -- Reuters
North Korea names official known for economic reform as premier amid nuclear tension -- Washington Post
New North Korean prime minister is supporter of Chinese style economic reform -- Shanghaiist
N. Korea Names Economic Expert as New Premier -- Arirang News
North Korea appoints ‘reformer’ to top leadership post (but don’t get your hopes up) -- Max Fisher, Washington Post

My Comment: All former communist regimes implemented their first reforms in the economic arena. With this history, everyone is hoping that North Korea will follow the same route.

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