After reviewing the juche (self-reliance) ideology the article looks at the current economic situation in North Korea and the prospects for economic reform. It points out despite the inauguration of "the agriculture first, light industry first, and foreign trade first policies" for the...

The Kaesong Industrial Complex (KIC), a new joint economic venture between the Democratic People’s Republic of Korea (North Korea) and the Republic of Korea (South Korea), is a manufacturing center in North Korea that uses North Korean labor and South Korean capital to produce labor-intensive...