Pantech Fellow John Everard's observations of markets in North Korea's capital city

PyongyangNewsfeed A view of the Pyongyang skyline.
During his time as UK Ambassador to North Korea from 2006 to 2008, John Everard frequently studied the bustling official and unofficial markets in the capital city of Pyongyang. The markets are places to purchase everything from food to domestic wares to even luxury goods, and they are probably also centers for the exchange of information. Everard concludes that the North Korean government warily tolerates the markets due to their economic importance, and that they serve as "both an ideological and a political challenge to the regime." He shared his observations at a talk held at the Korea Economic Institute of America (KEI) on February 2, 2011. Full audio and video recordings of the event are available on the KEI website, as well as a copy of Everard's presentation slides and his paper "The Markets of Pyongyang." Everard is the 2010-2011 Pantech Fellow with the Stanford Korean Studies Program.