However, a saving grace that might come out of the talk is a suggestion from the US to follow a Vietnam’s path: the idea that a communist regime can pursue market-oriented policies without sacrificing the legitimacy of the government. In truth, this model of economic development is far and few in today’s world; other than China, the remaining Communist states, Vietnam, Laos, and Cuba, show nowhere near the same economic prowess.
Read MoreIf international sanctions were to be lifted, North Korea’s undeveloped mining industry would stand out as one of the most potentially lucrative investments in the region.
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