HISTORIC DECISION: North Korea To Try Out Capitalism


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HISTORIC DECISION: North Korea To Try Out Capitalism
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The new North Korean leader, Kim Jong-un, asked for a national debate on the subject of possible economic reforms and he suggested some capitalist management systems.

Kim Jong-un made this request during a conference on January 28, when he underlined that the economic situation needs to be improved. The information was presented by Japan newspaper Mainichi.

In Kim Jong-un’s opinion, the economical problems of North Korea are caused by the fact that management is not based on theories. The country is currently dealing with a food crisis and it is addicted to external help.

According to some estimates of foreign diplomats and analysts, approximately 3 million people from North Korea are having trouble putting food on the table.


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