Lecture Video: Emerging large scale private businesses in North Korea

Lecturer: Andrei Lankov

While North Korea is usually described in media as a 'Stalinist country', this long has become a misleading description. From the mid-1990s the private sector plays an important, or even dominant role in the North Korean economy. While most of the North Korean businesspeople operate on small level, some entrepreneurs have amassed significant capital, and operate rather large companies. In most cases the North Korean large companies are registered as owned by the state, with the 'foreign exchange earning operations' being the most common cover for such activities. The lecture will discuss how captains of North Korean big business work and live, what is their relations with the state and their possible future.

Andrei Lankov was born in Russia in 1963, he studied in Leningrad State University and Kim Il Sung University in North Korea. His major research interest is North Korean social and political history; he has published five books and a number of articles on this topic. He now teaches at Kookmin University, Seoul.

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