An analysis of North Korea’s economic development with special reference to agriculture

Abstract

The article examines North Korea’s record of economic development with special reference to agriculture. There has been some success in grain production using a centrally directed economy and the Juche method and Chungsan-ri spirit of farming. However, too much emphasis on grain production has resulted in shortages of other agricultural products, such as livestock and livestock products. A fundamental problem in North Korea is that the economy as a whole is supply-constrained, a common failing of planned economies.