Just like Cuba before Castro. Left-wingers destroy everything they touch.
#16 Forced labor camps to help wealthy tourists lose weight.
They aren’t religious extremist like Iran and money is hard to resist. The hardliners don’t care about the money. Interesting conundrum.
Rare Earth Minerals.
They got’em. We need ‘em.
“They have great beaches”
charlie don’t surf?
#17 - Sell Hillary’s emails (I figure every foreign entity must have a copy. They might as well sell them to get some needed dinero),
Ski resorts. Norkland has plenty of cold.
Market their weight loss program?
I was surprised at the weather——for some reason I had it in my head that it was cold.
I got a kick out of the film industry——my DIL’s mother loves Korean soaps.
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They also ought to be able to support some fine ski resorts for both local (secondary) and global (primary) tourist income.
South Korea does produce fine strawberries and the excellent Asian pears, which should also bring in foreign exchange if the northern provinces also get into exportable agricultural products.
Of course, on of the biggest income-producing products would be fertilizer, always needed by the Far East for intensive farming.
They got more lithium that Nirvana.
There are several things they could capitalize on immediately.
Remittances and charitable influx would be one.
Tourism to those who want to visit old homes and family cemeteries could yield cash ASAP. A country that legalized meth and marijuana would also attract those kinds of tourists.
Offering North Korean women as brides to rural farmers, bolstering that population and reducing desperation in their own nation, is another.
Mining takes time to develop.
Selling fishing rights or fish they catch themselves is certainly an option.
Garment manufacturing is a good fit; low cost workforce and in proximity to major shipping ports. Don’t agree with high tech manufacturing.
South Korea could profit from legal entertainment distribution.
Duh
They’re next to South Korea and China
Interesting Article - Thanks.
Some of the industries they mention are Tourism, Mining (world-class), Oil and Gas, and Hydropower (world-class).
If they just come quickly up toward South Korean practices, we could also see an explosion in agriculture, seafood production, garment and electronics manufacturing, construction, retail and entertainment (K-Pop music, movies and TV).
It is true that they have huge potential. So much of it could be accomplished just by letting South Koreans step right in and start operating. It is virtually unique for a poorly developed country to have such massive pool of skilled labor and world-class companies at the ready like this, with the same language.
With good policies, they could experience explosive growth.
If they do have explosive growth and population mobility, I wonder if they are considering actual re-unification?
The possibilities are breathtaking.
Even more so, as long as there is an utter tyranny in the north, they can never get "rich" -- fatty Kim is already rich as are his inner coterie, but the rest of the norks are dirt poor
How long before we see the Trump Tower Pyongyang and people vacationing on the North Korean Riviera?