Country Risk Summary: NORTH KOREA

March 2003
Asia Monitor: China & North East Asia Monitor;Mar2003, Vol. 10 Issue 3, p11
Country Report
Country Report
The article discusses the political, economic and business related risks faced by North Korea as of March 2003. North Korea's biggest risk is of declaring war on the rest of the world. North Korea remains, in many ways, as vulnerable to economic collapse as ever. Severe food shortages remain widespread, power cuts are frequent; technology is out of date and the country does not have the hard currency to pay for its imports. One of North Korea's recent market-based reforms is to pave the way for the introduction, in the town of Kaesung on the border with South Korea, of a special economic zone.


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