Source:
New York TimesSEOUL, South Korea — North Korea has shut down its largest unofficial market in a sign that the Communist government was intent on quashing, or at least better controlling, market activities that it had tolerated for years, Seoul-based organizations monitoring the country said last week.
Such markets began opening in the 1990s when a multiyear famine loosened the government’s control on the food supply. The closed market, called Pyongsong, had included an estimated 30,000 to 40,000 stalls where people sold everything from home-grown foods — cultivated outside collective farms — to goods smuggled from China.
Some analysts say the North is cracking down on the markets because it fears the spread of capitalist ideas. But others say its move, against Pyongsong at least, might not be ideological.
“Many members of the elite are making money off these markets, so I don’t think the government will try to completely shut down the markets,” said Kay Seok, a Seoul-based researcher for Human Rights Watch who has studied the North’s market activities. “Instead, they will try and figure out a way to control the markets as much as possible while making as much profit out of them as possible.”
Read more:
http://www.nytimes.com/2009/09/20/world/asia/20korea.html?_r=1&ref=global-home
Didn't know North Korea had such a large market (30,000 to 40,000 stalls).
"...they will try and figure out a way to control the markets as much as possible while making as much profit out of them as possible." That sounds like something you would hear in New York. :)