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North Korean Economic Reform
The North Korean economic reform refers to the program of reform and restructuring of the North Korean economy. Economic reforms have been increasing in the last years, particularly after Kim Jong-un came to power in 2012. History Economic reforms in North Korea has its roots to the 1970s, when North Korean government agencies, provincial governments and military units were unofficially granted permission to establish their own companies. Number of such companies have increased dramatically since the 2000s. Economic impact North Korea's economic growth under Kim Jong-un is estimated to be ranging from 1 percent to 5 percent. North Korea expert Andrei Lankov has said that North Korea's real growth rate is 3–4%. Foreign encouragement Economic reforms in North Korea has been encouraged by China. While visiting Pyongyang in June 2019, Chinese paramount leader Xi Jinping said that Kim Jong-un had “initiated a new strategic line of economic development and improving people ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of North Korea
The economy of North Korea is a centrally planned economy, following ''Juche'', where the role of market allocation schemes is limited, although increasing. , North Korea continues its basic adherence to a centralized command economy. With a total gross domestic product of $28.500 billion as of 2016, there has been some economic liberalization, particularly after Kim Jong-un assumed the leadership in 2012, but reports conflict over particular legislation and enactment. Since the 1990s, informal market activity has increased, which the authoritarian regime has tolerated. These markets are referred to as 'Jangmadang' and were formed as a result of the economic collapse during the 1990s, which made the regime unable to distribute food to its people. The collapse of the Eastern Bloc from 1989 to 1992, particularly North Korea's principal source of support, the Soviet Union, forced the North Korean economy to realign its foreign economic relations, including increased economic excha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kim Jong-un
Kim Jong-un (; , ; born 8 January 1982) is a North Korean politician who has been Supreme Leader of North Korea since 2011 and the leader of the Workers' Party of Korea (WPK) since 2012. He is a son of Kim Jong-il, who was North Korea's second supreme leader from 1994 to 2011, and Ko Yong-hui. He is a grandson of Kim Il-sung, who was the founder and first supreme leader of North Korea from its establishment in 1948 until his death in 1994. Kim Jong-un is the first leader of North Korea to have been born in the country after its founding in 1948. From late 2010, Kim was viewed as successor to the leadership of North Korea. Following his father's death in December 2011, state television announced Kim as the "Great Successor". Kim holds the titles of General Secretary of the Workers' Party of Korea, Chairman of the Central Military Commission, and President of the State Affairs. He is also a member of the Presidium of the Politburo of the Workers' Party of Korea, the highes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andrei Lankov
Andrei Nikolaevich Lankov (russian: Андрей Николаевич Ланьков; born 26 July 1963) is a Russian scholar of Asia and a specialist in Korean studies and Director of Korea Risk Group, the parent company of NK News and NK Pro. Early life and education Lankov was born on 26 July 1963, in Leningrad, Soviet Union (modern day Saint Petersburg). He completed his undergraduate and graduate studies at Leningrad State University in 1986 and 1989, respectively. He also attended Pyongyang's Kim Il-sung University in 1985. Career Following his graduate studies, Lankov taught Korean history and language at his alma mater, and in 1992 went to South Korea for work; he moved to Australia in 1996 to take up a post at the Australian National University, and moved back to Seoul to teach at Kookmin University in 2004. Lankov has written in Russian (his native language), Korean, and English. He runs a North Korea-themed Livejournal blog in Russian, where he documents aspects of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and borders fourteen countries by land, the most of any country in the world, tied with Russia. Covering an area of approximately , it is the world's third largest country by total land area. The country consists of 22 provinces, five autonomous regions, four municipalities, and two Special Administrative Regions (Hong Kong and Macau). The national capital is Beijing, and the most populous city and financial center is Shanghai. Modern Chinese trace their origins to a cradle of civilization in the fertile basin of the Yellow River in the North China Plain. The semi-legendary Xia dynasty in the 21st century BCE and the well-attested Shang and Zhou dynasties developed a bureaucratic political system to serve hereditary monarchies, or dyna ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pyongyang
Pyongyang (, , ) is the capital and largest city of North Korea, where it is known as the "Capital of the Revolution". Pyongyang is located on the Taedong River about upstream from its mouth on the Yellow Sea. According to the 2008 population census, it has a population of 3,255,288. Pyongyang is a directly administered city () with equal status to North Korean provinces. Pyongyang is one of the oldest cities in Korea. It was the capital of two ancient Korean kingdoms, Gojoseon and Goguryeo, and served as the secondary capital of Goryeo. Much of the city was destroyed during the First Sino-Japanese War, but it was revived Korea under Japanese rule, under Japanese rule and became an industrial center. Following the establishment of North Korea in 1948, Pyongyang became its ''de facto'' capital. The city was again devastated during the Korean War, but was quickly rebuilt after the war with Soviet Union, Soviet assistance. Pyongyang is the political, industrial and transport ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paramount Leader
Paramount leader () is an informal term for the most important political figure in the People's Republic of China (PRC). The paramount leader typically controls the Chinese Communist Party (CCP) and the People's Liberation Army (PLA), often holding the titles of CCP General Secretary and Chairman of the Central Military Commission (CMC)."How China is ruled" . The () or |
Xi Jinping
Xi Jinping ( ; ; ; born 15 June 1953) is a Chinese politician who has served as the general secretary of the Chinese Communist Party (CCP) and chairman of the Central Military Commission (CMC), and thus as the paramount leader of China, since 2012. Xi has also served as the president of the People's Republic of China (PRC) since 2013. The son of Chinese Communist veteran Xi Zhongxun, Xi was exiled to rural Yanchuan County as a teenager following his father's purge during the Cultural Revolution. He lived in a yaodong in the village of Liangjiahe, Shaanxi province, where he joined the CCP after several failed attempts and worked as the local party secretary. After studying chemical engineering at Tsinghua University as a worker-peasant-soldier student, Xi rose through the ranks politically in China's coastal provinces. Xi was governor of Fujian from 1999 to 2002, before becoming governor and party secretary of neighboring Zhejiang from 2002 to 2007. Following dismissal of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinese Economic Reform
The Chinese economic reform or reform and opening-up (), known in the West as the opening of China, is the program of economic reforms termed " Socialism with Chinese characteristics" and "socialist market economy" in the People's Republic of China (PRC). Led by Deng Xiaoping, often credited as the "General Architect", the reforms were launched by reformists within the Chinese Communist Party (CCP) on December 18, 1978, during the "Boluan Fanzheng" period. The reforms went into stagnation after the military crackdown on 1989 Tiananmen Square protests, but were revived after Deng Xiaoping's Southern Tour in 1992. In 2010, China overtook Japan as the world's second-largest economy by nominal GDP and in 2017 overtook the United States by becoming the world's largest economy by GDP (PPP). Prior to the reforms, the Chinese economy was dominated by state ownership and central planning. From 1950 to 1973, Chinese real GDP per capita grew at a rate of 2.9% per year on average, albei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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