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...
HighBeam Research, Free Preview: 'Desperate straits; North Korea's economy.(North Korea's desperate reliance on China)'... Full Membership required for unlimited access. Free 7-day trial.
Subscribers: HighBeam content is only available to HighBeam subscribers. Click the link above for more information.