North Korea's 'socialist utopia' needs mass labor — growing market economy threatens that
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North Korea may choose to follow Vietnam's economic model as it looks to open upLike Vietnam, North Korea's Kim Jong Un would like his country to be integrated into the global economy, yet maintain its firm grip of control, analysts say.
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North Korea exploring sanctions-proof energy technologiesNAMPO, North Korea (AP) — Power-strapped North Korea is exploring two ambitious alternative energy sources — tidal power and coal-based synthetic fuels — that could greatly improve living standards and reduce its reliance on oil imports and vulnerability to sanctions. Finding a lasting energy source that isn't vulnerable to sanctions has long been a top priority for North Korean officials. Leader Kim Jong Un used his New Year's address last month to call on the country to 'radically increase the production of electricity' and singled out the coal-mining industry as a 'primary front in developing the self-supporting economy.' For the longer-term, he stressed the importance of atomic, wind and tidal power.
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