Assessment of North Korea’s 9th Party Congress Economic Plan: Background to the Adopting a Management-Oriented Plan Despite the Declaration of Success in the 8th-Term
Seungho Jung, Professor at Incheon National University, analyzes the background of North Korea's new five-year plan announced at the 9th Party Congress, which prioritizes stability and management over aggressive growth in response to internal and external uncertainties. The author argues that domestic market instability—including surging exchange rates and rice prices—constrained state finances, and structural limitations in its cooperation with Russia and China led North Korea to adopt this management-oriented plan. Professor Jung highlights the future challenges of allocating limited res...
Commentary
- Seungho JUNG
- April 28, 2026