North Korea has long relied on socialized agriculture, placing several families on a common piece of land to farm for the state. The result has been malnutrition and even starvation.
Reforms reportedly have been adopted to reduce the number of families per plot, and establish a production quota above which farmers can keep the excess. The objective however may not be greater freedom but reordered regulation.
There are indications that the regime is manipulating prices in an attempt to eliminate private markets and seizing privately farmed plots of land for collective use.
Open Radio for North Korea reported that “North Korean citizens, who experienced the similar situation in 2002, are preparing for Kim Jong-un’s New Economic Management System. To prepare for the prices skyrocketing, they are hoarding Chinese money, and prices and the exchange rate keep rising.”
Tags: Agriculture, north korea
This entry was posted in Humanitarian Aid and Relief by Grant Montgomery.