The 27. July 1953 – well over 15 years ago – ended the Korean War. Except for the first few months after the ceasefire and the division of land along the 38. latitude, has heard little about the development of the northern part of the country – the Democratic People's Republic of Korea. From the South, news from the US press has occasionally come up with news of positive economic development, while the North has only been mentioned in side sentences – and preferably as a contrast to the positive democracy that must have developed in the South.
In recent years, however, North Korea has again been featured in the newspaper headlines. First in 1965, when the South Korean and Japanese governments signed the so-called normalization agreement, then this year, when South Korean agents kidnapped South Koreans in West Germany who should have spied for North Korea, and finally in connection with the launch of the US spy ship Pueblo in Korean territorial waters.
But the economic development of the People's Republic of Korea is little known in ours as in other western countries.
Economic wonder
Korea was formerly a distinctly agricultural country – and it is. . .
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