Putting a Price Tag on North Korea’s October 10 Celebrations

I don’t doubt there is an abundance of potential fury in North Korea’s provinces, but it does seem odd that a single¬†parade,¬†fireworks display, and associated banquets and pageantry would eat up an amount equivalent roughly equivalent to 7% of the country’s GDP (source: CIA World Factbook, 2013 GDP est. at 28 billion). While Pyongyang remains the inevitable epicentre of state expenditure and ostentatious display, the … Continue reading Putting a Price Tag on North Korea’s October 10 Celebrations