Saturday, July 4, 2020
Home Lead Story North Korea Economy: Private Markets Target of Corruption, Human Rights Abuses

North Korea Economy: Private Markets Target of Corruption, Human Rights Abuses

North Korea’s state-run rationing system collapsed in the mid-1990s amid a devastating famine and economic crisis

North Koreans eking out a living in the country’s thriving, informal private markets are regularly subjected to corruption and various forms of human rights abuses, according to a new United Nations report.

North Korea’s state-run rationing system collapsed in the mid-1990s amid a devastating famine and economic crisis, leading to the creation of unofficial commercial markets in the socialist regime.

North Korea, Economy, Private Markets
Informal private markets are regularly subjected to corruption and various forms of human rights abuses, according to a new United Nations report. Pixabay

The report by the U.N.’s Office of Human Rights says the failure to legitimize these markets has exposed ordinary North Koreans to potential arrest, prosecution and detention. Corrupt, low-paid officials use the threat of arrest to extort bribes from people with the ability and willingness to pay.

The U.N. report was based on interviews from 214 North Koreans who have defected from the regime and resettled in South Korea.

Also Read- Delegates at UN Habitat Assembly Take on Rapid Urbanization, Find Solutions to Tackle Climate Change

The report blames the situation on the priority the regime places on supporting its military and developing its nuclear weapons program over adequately providing for its people. (VOA)

STAY CONNECTED

19,001FansLike
362FollowersFollow
1,778FollowersFollow

Most Popular

Facebook, Instagram to Encourage Users to Wear Face Masks in US

Both Facebook and Instagram will now show an alert on top of the News Feed to encourage users to wear face masks in the...

DIY Tools, Products See a 90% Sale Rise

Indians seem to be completing minor home repairs themselves as they limit outsider entry into their interior spaces, as an e-commerce platform sees fast...

Everything You Need to Know About Pro-Touring

If you hang around car enthusiasts for long enough, there are certain words you become familiar with. Now, being familiar with a word doesn't...

Skincare Essentials Everyone Should Have This Monsoon

Monsoon takes a toll on your skin and hair. Frizzy hair, lackluster skin, and chapped lips are all a result of the humidity. Whether...

Indian Origin Cardiologist Agrees to Pay $400K to Settle False Allegations

By Arul Louis An Indian origin cardiologist and the administrator of her company have agreed to pay $400,000 to settle allegations that they submitted irregular...

Early Marriage is Found to be Unhappy, Says Research

Want to get married at a very young age? Kindly take note. Researchers have found that early marriage may lead to unsafe drinking behavior...

Essential Facts and Details about the Vedas That Pertain To Hindu Dharma

Vedas have influenced ancient Indian society greatly and have become a crucial part in the forming of the Hindu dharma. Although the knowledge the...

PETA Starts Campaign to Stop Sacrifice of Goats on Bakra Eid

A month before the festival of Bakra Eid, the People for the Ethical Treatment of Animals (PETA) India has started a campaign to stop...

Recent Comments