Wednesday, November 2, 2011

Korea Tip 117: A Few Good Articles on North and South Korea

1. North Korea's Patchy Capitalism.  Due to the total failure of the government controlled system, North Korean citizens of all levels are resorting to gray-market capitalism.  Simply to purchase food and fuel, they must barter services and goods on the open market.  This hints at hopes and problems for unification.

2. Better Food-Aid to North Korea.  20 years of food assistance has failed to relieve chronic food-insecurity in North Korea, and hundreds of thousands have starved.  This is largely due to the governments incapacity and unwillingness to distribute the aid effectively and fairly.  Therefore, future aid programs need more stringent demands for outside involvement

3. Capitalism's Unstoppable Bubbling Up.  Once you start, you can't stop.  Capitalism is coming to North Korea, largely tainted with corruption and black markets, but still coming.  This is the crack in the communist system that will shatter it.  (This is why we should release all sanctions and invest and trade heavily with North Korea.)

4. Multiculturalism in South Korea. With increasing numbers of long-term foreign residents and multicultural marriages, South Korea is quickly losing its homogeneous make-up.  By 2020, 1/3 of all children born in South Korea may be multi-ethnic.  South Korea is still very much in the growing pains on adjusting to multiculturalism, but there are some signs of hope.

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