1. Pyongyang's Economic Resolve.
- Author
-
Yu Meihua
- Subjects
- *
CENTRAL economic planning , *ECONOMIC policy , *ECONOMIC development , *FOREIGN investments , *ECONOMIC history - Abstract
The article focuses on the efforts of the North Korean government to boost its ailing economy. North Korean leader Kim Jong Il vows to focus on economic development have provoked widespread interest in the prospects for the North Korean economy. The author point out that North Korea has to adopt some elements of a market economy in order to have economic cooperation with other countries. Significantly, several initiatives were made by the government to spur foreign investment and economic growth.
- Published
- 2006