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Desperate straits; North Korea's economy.(North Korea's desperate reliance on China)

About 3 pages (936 words)

The Economist (US), May 3rd, 2003

As Pyongyang sees it

Only China keeps things going

FOR some time now, North Korea's economy has been close to meltdown. In July last year, the regime tried desperately to resuscitate it by adjusting prices and wages to make them reflect market realities. The result has been rampant inflation that has made life even more miserable for most North Koreans, except the Pyongyang elite. Millions are suffering from acute shortages of food caused by industrial collapse.

Donor fatigue is making it ever harder for the World Food Programme (WFP) to help the worst-affected--mainly those living in the...

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